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GoCompare comments on Citizens Advice call for ‘loyalty penalty’ legislation

Citizens Advice has called on regulators to set targets to reduce the number of people who pay the loyalty penalty, and investigate solutions for vulnerable customers. Georgie Frost, Consumer Advocate for GoCompare, comments.

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GoCompare launches ‘Machine Learning for Fintech’ – a community-driven machine learning initiative for fintechs

Applications for GoCompare’s fintech community development initiative are now open

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Revealed: Where Brits plan to save and invest in 2018

  • Bank or building society accounts top list despite poor returns;
  • More people will save in a coin jar than an equity ISA or a personal pension;
  • 25% of people can’t afford to save or invest anything in 2018;
  • Bitcoin bubble set to grow as 7% of men say they would invest in a virtual currency.
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UK hiding £13.bn of secret debt

Research from GoCompare finds one in 10 are hiding debt from their partner

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GoCompare comments as energy switching hits record high in 2017

Embargoed until 00:01am Thursday 11 January 2018

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Relying on an EHIC to cover your winter holiday mishaps could leave you with a mountain of medical bills

Research from GoCompare Travel has found that 69% of UK holidaymakers wrongly expect an EHIC to provide free emergency medical treatment in Europe and 7% expect it to pay for an air ambulance to fly them back to the UK.

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Rising cost of living and Brexit are the biggest financial worries for 2018

  • 40% of UK adults anticipate that 2018 will be a very difficult year for them financially;
  • 58% are worried about the rising cost of living/bills;
  • 29% of people are worried about the impact of Brexit on their finances.
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New disclosure of banks’ service standards should give consumers all the information they need to make an informed switch

GoCompare Consumer Advocate, Georgie Frost, comments on final FCA rules for banks

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Serve up Christmas dinner with all the trimmings for less than £5 per person

Research from GoCompare Home Insurance has revealed how shoppers can put together Christmas dinner for a family of four for as little as £19.35*, or £4.83 a head.

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Young Londoners spend the most on their first set of wheels

New drivers spend an average of £3,005 on their first car but young London drivers spend £1000 more on average than those in the rest of the country