Newsletter

Jersey Consumer Council

Tag: budgeting

Staying Secure at Cashpoints

October 26, 2015 Banking, Top tips No Comments

Staying Secure at Cashpoints

LINK is the UK’s cash machine network, providing you with access to your cash. The number of free machines is at an all time high, and to help you manage your money effectively you can also check your balance free of charge at any LINK machine.

Despite some recent high-profile incidents, cash machine crime is very uncommon. LINK have provided a number of simple steps which all cardholders can take to help fight ATM crime :

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Pet Insurance

October 26, 2015 Insurances No Comments

Pet Insurance

Is pet insurance an imperative purchase or are we barking mad to be forking out £20/£30 a month for a terrier? The tough recent financial climate has been well documented but whilst it was estimated that 48% of UK households owned at least one pet, over half do not have insurance for their canine companions and two thirds haven’t covered their feline friends.

There is no question that pets are expensive members of any household (dogs cost an average of £16’000 over the course of their lifetime) but this sum can balloon if we fail to take out a suitable pet insurance policy.

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Payday Loans

October 26, 2015 Money Matters No Comments

Payday Loans

Payday loans are short term loans that are often used to get through a rough spot. Unfortunately, there are very few situations in which these loans actually end up being helpful. Before you use one, make sure you understand the costs and risks. Here’s a quick overview of how payday loans work, and ideas on how to avoid them.

If you can’t repay your payday loan when it comes due, you can “roll it over” so that the loan is extended. You don’t have to repay it, but fees keep accumulating.

In general, payday loans are extremely expensive. You end up paying an annual percentage rate (APR) that may be several hundred percent.

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Methods of Payment

October 26, 2015 Money Matters No Comments

Methods of Payment

A payment is the transfer of money from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation.

Common means of payment by an individual include: –

  • Money
  • Cheque
  • Debit
  • Credit
  • Bank Transfer
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Life Insurance

October 23, 2015 Insurances No Comments

Life Insurance ….

Is life insurance another expensive ploy? Our research indicates that life insurance is a worthwhile commitment depending upon your circumstances.

There are lifetime events that might lead you to consider purchasing life insurance; such as becoming a parent, getting married, a change in your income level, moving home, buying a house or taking out a substantial loan (for buying a car etc.).

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Shopping Online

October 23, 2015 Consumer Skills No Comments

Top Tips when shopping online…

  1. Always check out reviews on a web based company
  2. Ask for recommendations from friends and family to ensure 
they received reliable and fair service
  3. Check the terms and conditions .. see if they are poorly written as this may indicate a site outside of the UK. You need to be aware of where the site is based as this impacts on your consumer rights.
  4. Make sure the company shows a full postal address
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Tenants’ Top Tips

October 23, 2015 Home life, Top tips Comments Off on Tenants’ Top Tips

The Tenants’ Top Tips to Renting ……

  1. Know what sort of property you are looking for; size, furnishes, with a garden, bath or shower, storage are pets important?
  2. The first big question to establish …fees – who pays for what and when.
  3. If the local tenant demand is high, it’s important to appear keen and reliable – always turn up on time for viewings and have references and reservation fees ready. You could even have your own credit report ready to show prospective landlords/letting agents that you are well organised and can afford the property.
  4. Sources of rental property..web based sources, newspapers, friends, noticeboards etc. MAKE SURE you know who is actually letting and introducing you to the property as this will impact on the fees!
  5. Find out if you move end before the end of your tenancy – liability
  6. Check out the rental property checklist below;
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Renting your Home and Condition Reports

October 23, 2015 Home life, Money Matters No Comments

Renting your Home Condition Report

Will Condition Reports help solve rental deposit disputes?

Disputes over the partial or non-return of rental deposits have consistently been amongst the most common issues of concern brought to the Citizens Advice Bureau.

It is therefore in order to ensure fairness between landlord and tenant that the introduction of the compulsory use of Condition Reports for landlords and agents who let accommodation under a residential tenancy agreement (‘tenancy agreement’) is so welcomed. But what do both parties need to do?

Details are available on the www.gov.je site at http://www.gov.je/Home/RentingBuying/HousingLaws/Pages/ConditionReports.aspx

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A Shiny New Mobile Phone

October 21, 2015 Telecommunications, Top tips No Comments

A Shiny New Mobile Phone

If you are thinking of buying a new mobile phone here’s some top tips you need to think about. In the next few weeks in the Christmas rush, Jersey’s mobile telephone providers compete hard for your business and as such, there will be deals on offer, and we suggest you shop around.

All providers offer PAYG and monthly plans (12 or 24 months) and a huge selection of additional bolt-ons, e.g. extra call minutes, text messages or data and some even offer free calls to the UK, Poland and Portugal and some offer free incoming calls when roaming in the EU. In addition, each provider offers around 50 different types of handsets for sale, so the choice of which plan to go for, which tariff and which phone can seem a little daunting.

Buying a new mobile phone and deciding which one to go for and deciding whether to go on a Pay As You Go Plan (“PAYG”) or a Monthly contract, can be a daunting and complex matter. This 8 Step Guide will hopefully guide you through the process, to help you choose the right phone and right tariff, suited to your own particular needs.

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Buying the Right Services for you

October 21, 2015 Telecommunications No Comments

Telecommunications –Buying the Right Mix of Services

When purchasing telecommunications products, service providers will invariably offer to sell us a mix of products across mobiles, landlines and broadband. These are known as Bundles.

What are bundles?

Bundles means that a telephone company includes a number of telecommunications services in a single priced product. This may be for a single service such as a mobile telephone contract or across a range of services. Many bundles include a mix of mobile; fixed line and broadband services.

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