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Archive for September, 2009

Sainsburys To Offer Cheap Personal Loans

With the personal loan market struggling as the credit crunch takes hold most lenders are increasing interest rates tightening up on who they will lend to and withdrawing offers from the market.

Borrowers looking for a good value loan have increasingly limited options so a new player in the personal loan market is to be welcomed by many borrowers who are looking for new borrowing options.

Sainsbury’s Finance a division of the giant supermarket chain which sells financial products has plunged into the loans market with a personal loan offer exclusive to nectar card holders.

Those with a nectar card the loyalty card where customers are rewarded for shopping at Sainsbury’s and a few other shops can make loan applications online for a loan of between 5000 and 15000.

They will have a typical APR of just 7.9 per cent lower than their loans available to non nectar card holders and repayable over one to seven years.

The announcement comes following a previous announcement by Nationwide that they are cutting their personal loan rate suggesting that some measure of competitiveness has returned to the personal loans market.

Steven Baillie head of loans at Sainsbury’s Finance said of the offer: Were constantly looking for ways to reward our customers and with this offer were giving the Sainsburys shopper a preferential rate enabling even more people to enjoy the benefit of banking as well as shopping with us.

Baillie added All of our loans customers enjoy one of the most competitive rates available in the market but those shopping at Sainsburys can now take advantage of an even better deal.

Sainsbury’s says that the offer is one of the best on the market at the moment and one of only four similar products which offers an interest rate of under eight per cent.

Applicants can fill out the application form online and have a decision made instantly and the money transferred to their account within 24 hours of applying.

Mr Baillie added that customers could use the credit crunch to their advantage by haggling with retailers over prices for major purchases such as cars and houses.

He lamented that many British people still feel awkward arguing over price and talking about money and as a result are missing out on the best deals.

The car industry is facing a very difficult time with sales of new cars in February for example down 22 on a year ago. This means that now is one of the best times ever to negotiate a significant discount on the price of a new vehicle. Its a real shame some people still don’t feel confident in doing so he said.

Haggling over the price of the car and getting additional extras thrown in could be of long term benefit as paying less for a new car means taking out a smaller loan and consequently paying less in interest.

For those watching the pennies during the economic downturn now could be the time to find the confidence to test out those haggling skills and really get your monies worth.

About the writer:  Are you searching for the best value personal loan? As competitiveness returns to the market search for your secured or unsecured loan now.

Young Drivers Are More At Risk Of Accidental Death

The Department for Transport have said that eight out of ten accidental deaths involving 15 to 19 year old men in Great Britain are road casualties. With figures like this it is easy to see why car insurance premiums are higher for young drivers than for more experienced road users. Information released by the Department for Transport shows that everyday four people are killed or injured in accidents which involve younger motorists.

In a research report published by the Association of British Insurers ABI its revealed that: In the last few years the proportion of young drivers killed or seriously injured on our roads has increased while the overall number of deaths and serious injuries has fallen. The ABI have joined forces with Brake RoadSafe the Parliamentary Council for Transport Safety and the RAC Foundation. Together the organisations aim to make young motorists safer on the roads.

Young drivers are far more likely to be involved in a serious road accident than older motorists. 17 to 20 year old men are almost 5 times more likely to be in an accident which involves casualty than 30 to 59 year old men. In 2005 almost 1200 young drivers were killed or badly injured on British roads thats more than 3 each day. Almost 1 in 4 passengers who have suffered serious road accident injuries were the passenger of a young driver at the time.

Because of these higher accident statistics car insurance companies can only offer young drivers expensive insurance deals. Younger drivers are over twice more likely to need to make a claim than mature motorists. But more shockingly the average cost of each claim made by a younger driver is three times greater. The ABI have said that the two main reasons for young drivers having more accidents are a lack of experience in different driving conditions and an inclination to take unnecessary risks.

Many young drivers have a poor appreciation of road conditions and are unable to adapt their driving style where necessary. The ABIs research report says. The report also states that less experienced drivers often overestimate their ability and safety on the road. Accidents are especially likely to occur when young motorists are driving at night driving on wet roads or negotiating bends.

Driving at night poses a threat to young drivers because according to the ABI report: Driving in the dark requires different skills from driving during daylight hours. Drivers are also more likely to be under the influence of drink or drugs at night.

Consequently over 50 of accidents involving young male drivers that result in death or serious injury occur at night compared with 35 for older drivers.

The report also says that: Young drivers double their risk of death or serious injury when driving at night. Young drivers negotiating bends suffer twice as many accidents as older drivers and 40 of accidents which involve young drivers occur on wet roads. The report also says that young people drive 11 faster on average than more experienced drivers and excess speed increases the likelihood of an accident.

About the writer:  Sarah Othman is an author of several articles pertaining to Car Insurance. She is known for her expertise on the subject and on other Business and Finance related articles.

Personal Shopper In Rome – Your Guide To The Best Designers And Brands In Rome

Most people embark on vacations to rest and relax and to indulge themselves in their favorite activities. For a great many people this favorite activity is shopping. When you visit the wonderful city of Rome you will most probably want to see the best in designer brands and labels available. Even if you take the time to do research into the shopping scene in Rome you will surely never be able to find out all of the bestkept shopping secrets in the city. The situation is not the same when it comes to a local however who will know exactly where to find the best designer shops and boutiques in the city.

This is why more and more visitors to Rome choose to engage the services of a personal shopper in Rome. A personal shopper Rome is very much like your own personal tour guide only instead of leading you from historical landmark to historical landmark you are led from designer store to designer store. Growing numbers of tourists are coming to realize just how worthwhile hiring a personal shopper in Rome can be.

Instead of wandering around the city for days and having only a paltry number of purchases to show for it an accomplished personal shopper Rome will have you leaving each shop with any number of new purchases. The difference lies in that a personal shopper Rome knows exactly what you want and where to get it whereas books guides and websites can only be of so much use as they cannot identify with your needs and wants.

Moving around the city from one area of interest to the next can also be a challenge in itself as you will most probably not be familiar with the transportation system or even the direction of one target in relation to another. Having a personal shopper in Rome will solve that problem and you need not worry about getting lost or ending up in an area of the city different from that where you wish to be.

Another advantage to hiring the services of a personal shopper Rome is that you will be able to get a real sense of what the fashion scene in Rome is like. Instead of merely seeing designer labels that originate somewhere in New York and that can be found all over the world you will have the opportunity to admire and purchase the work of independent designers from Rome. A personal shopper in Rome will be much more in tune with the local fashion scene and be able to show you where to find boutiques selling clothing by independent designers where even the internet might not be able to give you such information.

Also you will often find that the best and most popular designer stores are located in areas of cultural and historical significance as well. This is because historical objects draw in crowds and many large designer labels will move in in order to get closer to these crowds in hopes of winning their patronage. This way hiring a personal shopper Rome means that you also get to visit the areas frequented by tourists that contain historical buildings and monuments that make up the soul of the city.

About the writer:nbsp;nbsp;Hiring a personal shopper in Rome is truly the best way to find the best designers and brands in the city. On our website you will find professional personal shopper Rome guides who will lead you tours that you will surely not come back from empty handed!