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Nemo Loans Personal Finance Blog

    Monday, December 19, 2011

    Two million Christmas shoppers will hit the high street this week

  • According to new research from Barclaycard, when it comes to buying Christmas gifts, 15 percent of Brits will feel ‘most panicked’ on December 20th as they search for last minute presents for their friends and family.

  • Tuesday, December 13, 2011

    Christmas shopping to the tune of £46.9 billion

  • According to Barclays, their figures indicate that £46.9 billion will be spent this month.  This equates to £17,540 worth of sales every second, which marks a four percent increase from December of last year.

  • Wednesday, November 30, 2011

    ‘Hidden extras’ to the tune of £10.2 billion

  • According to American Express Platinum Cashback Credit Card, many people manage their finances in order to purchase food and drink for Christmas Day, and to buy presents for their nearest and dearest.  However, the company’s research has uncovered that unexpected, expensive ‘hidden extras’ may come as a surprise during the course of the next couple of months.

  • Tuesday, November 29, 2011

    UK property prices up by 0.4 percent in November

  • According to Nationwide, there was a 0.4 percent rise in UK property prices in November.  As a result, the annual rate of growth now reportedly stands at 1.6 percent – up from 0.8 percent in October.  It has been revealed that a typical home is now priced at £165,798.

  • Wednesday, November 23, 2011

    1.9 million people to take out new credit cards as interest free periods expire

  • According to Sainsbury’s Finance, interviews with a random sample of 2004 adults have revealed that the equivalent of 1.9 million people are intending to take out new credit cards in the next year due to the expiration of the interest free period on their balance transfers.  An additional 867,000 people are also reportedly planning on taking out new credit cards because the interest free period on their purchases has expired.

Nemo Personal Finance

© 2013 Nemo Personal Finance Ltd. All rights reserved.

Authorised and regulated by the Financial Conduct Authority for arranging general insurance.

Registered in England and Wales No. 5188059.

Registered office:
Principality Buildings Queen Street Cardiff CF10 1UA

Nemo is a member of the FLA (Finance and Leasing Association) and follows its Lending Code.

Calls may be monitored or recorded for training, compliance and evidential purposes.

A Nemo loan is secured on your home and is for homeowners with a mortgage only.

Repaying borrowing over a longer term will increase overall interest charges.

If you settle your loan early an additional interest charge may arise calculated under the Consumer Credit Act.

Nemo does not provide homeowner loans for business or invesment purposes.

All loans are subject to status.