Tuesday, 10 December 2013

Insurance Companies Remind Motorists of the Impact of Drink Driving

No Drink Driving !!!

During the Christmas period your nights out and social gathering in Bars, Restaurant and Night Clubs multiply. Motorists are constantly reminded about the impact of Drink Driving which can lead to  catastrophic consequences. 

As part of the ongoing Think! road safety campaign from the Department for Transport, drivers up and down the country are being asked to be more aware of their responsibilities for staying within the legal alcohol limit over the coming festive period.

Insurance companies also take endorsements for drink driving very seriously and the the impact that a ban for drink and driving can have on the insurance premium is definitely substantial.
The effect of Drink and Drive last well over a winter thaw.
Be Safe Don't Drink and Drive.

Tuesday, 3 December 2013

Debt Management - Get Back On Track

Debt Management Plan

With Heart Finance, you can be introduced to a debt management plan (DMP)
which helps you to manage your debts and pay them off at a more affordable rate
by making reduced monthly payments. DMPs from Heart Finance and The Debt Advisors,
work with you to establish a budget that meets your household's needs.
Any money left over will be consolidated into one monthly payment to your debts.
 We don't charge any set-up fees.
Please be aware that many debt management companies provide debt management
as a service, but most will charge a fee to set up. 

What Affects your Credit Rating

If your credit rating is not a decent one, it can be very frustrating when it comes to applying for a mortgage, financing a new car or even just securing a decent current account or credit card - so it is best that we know all that there is to know. 
However, very few people ( 7 out of 1000 ) know what is actually included in their credit file - while a shocking 63 per cent have never checked their score, seeing as most will have tried to take out a financial product at some point.
We would like to  help you better understand the process behind what makes up your all-important credit history.

'A bad rating banishes you to a credit blacklist'

Three quarters of all of the people surveyed by Which? believe that having a bad credit rating automatically means being blacklisted by lenders. 
But this is not true – your credit report only holds the facts about your history and a score.
Each company has its own criteria for assessing applications. This means that a rejection by one doesn't necessarily mean the other credit providers will feel the same.
If a lender is cautious about your history you might still be accepted, but the provider is likely to bump up the interest rate.

'Being rejected will put off other lenders'

A whopping 78 per cent of people presume that every time they are rejected for a card or loan it marks their file, affecting future applications, according to credit referencing agency Experian.
Each time a company searches your report it does leave a mark. Other lenders can see that firms have done a search but it won't show the outcome  - so unsuccessful applications won't actually show up as such. Lenders will be able to see whether you subsequently ended up with a product though.
James Jones, credit expert at Experian, explains that only the date of any previous checks, the name of the organisation you applied to and the type of credit you applied for appear on the file.
That said, if you make multiple applications in a short space of time you risk even more rejections because it makes you look like you are desperate for credit. 
If you are shopping around for a credit card and getting quotes from several lenders you can ask them for a quotation search. This means you can find out what the company would offer you without a full credit application search marking your history.

    'You only have one credit history'

    Although you might be aware of the three main credit referencing agencies Experian, Equifax and CallCredit, many people wrongly assume that they all access the same credit file.
    The majority of the information on each company's report will be the same, but there may be some slight differences with some offering extra information drawn from other sources (see the table below for more information).
    Jones says: 'Most established data sharing lenders provide information to all three credit referencing agencies whereas newer members typically work initially with just one CRA.'
    Each agency therefore holds a separate report. They also use slightly different systems to work out a rating.
    An application search by a bank or credit provider will only show up on the file of the agency used to run the search - not be pinged into all three.
    Remember: you cannot remove anything from your credit file unless it is a mistake - in which case you will need to notify all three agencies.

    'Never borrowing makes you a safer bet'

    It seems a bit counter intuitive, but lenders actually prefer you to have borrowed money before, so that they can then judge how likely you are to pay it back.
    The referencing agencies don't have access to any savings or investment information, so searchers can only judge you on how disciplined you are at repaying debt and paying your bills on time.
    To apply for the most popular financial products and get the best rates, you will need to build up your score to make you into a more attractive borrower.
    There are special credit builder cards that can help you do this but these are only worth considering if you would otherwise struggle to get a standard credit card and make sure you never miss a payment and you pay off your balance each month to avoid being slapped with sky-high interest.
    If you have never had any credit before speak to a lender before applying and outline your situation to see if there is anything specific you should do.

    'Missing payments will not affect your score'

    Missing payments or bills is never a good idea, but it can be particularly harmful to how attractive you look as a borrower.
    This does not just include the standard loans or credit card payments - your report can show any late payments for your utilities and any other contracts such as your mobile phone.
    Earlier this year, Yorkshire Water started reporting to Experian and the firm has also has set up a Rental Exchange, meaning your report includes information on rental payments too.
    Jones says: 'Missing one or two payments may not make too much difference, but if it looks like regular behaviour, lenders will shy away from you.’ 
    The mark this will leave on your file usually lasts for around six years – so it is not the life sentence most people worry about.
    Remember: the more time has elapsed since you missed a payment the less likely a provider is to consider it a problem.

    'Registering on the electoral roll isn't important'

    One of the most important steps to building a solid credit rating is registering on the electoral roll, as it confirms your identity at your address. You need your borrowing to be registered at that same address and everything to marry up.
    So if you are not on the roll and you apply for credit, your history and credit report can't be accessed.
    Changing address several times in a short space of time might not show you in the most positive light, as it can make you look less stable. But if you making sure you have registered at each address it will help make sure they have access to your full history.
    Cutting up your unused credit cards might take away the temptation to spend but it could hurt your credit rating

    'You should ditch your unused cards to boost your rating'

    If you have a wallet full of cards it might be a good idea to cull the numbers to remove the temptation to run up debts.
    But having one or two unused credit cards, or having a higher limit on a card or overdraft than you need, might actually help your score.
    Broadly speaking, you will look like a better risk by showing restraint.
    You can do this by using a small proportion of the credit you have access to and being prompt with your repayments.
    Therefore getting rid of a card that you do not use may in fact hurt your credit rating in the short run.

    'You can check your file too much'

    Checking your own credit rating will be recorded on your file.
    But the footprint it leaves is not one seen by lenders when they run a search - so there is no excuse for burying your head in the sand.
    It is important to review your file to make sure there are no mistakes, which can affect your borrowing ability, and to check for unusual activity, which could point to identity fraud. 
    You will need to use Experian's Credit Expert to access your file there, visit the Equifax website, or visit the Noddle website for your CallCredit history.
    You will pay a £2 fee to view your file each time, but there are also free trials to take advantage of - remember to cancel before the trial period ends to avoid paying for a monthly service. 

    'My address is blacklisted'

    Many people mistakenly believe that their credit score will be affected if they live with someone with a bad credit history.
    But only jointly held accounts, loans or mortgages will show up on your file - simply sharing a house will not affect you. 
    If you have had any joint accounts in the past it might be worth contacting Equifax, Experian and Call Credit to add a note to your file to specify that you are no longer financially linked with that person.

    'Previous tenants debts make it hard for YOU to borrow'

    Piles of final demands landing on the door step addressed to previous occupants is likely to worry anybody as nobody wants debt collectors banging down their door – but the good news is that it can’t affect your credit score.
    Lenders will use the electoral roll to track your history when you move house, but a search can only be run on people - not a particular address - so any previous debts from old owners won't be linked to your file.

    From the Mail Online 

    Sunday, 24 November 2013

    Energy Suppliers have been told to Cut Costs for Consumers by Ofgem

    The six companies that own and operate Britain's electricity network have to submit their business plans for the next price control period - 2015 to 2023 - to OFGEM for approval.

    Only WPD  ( Western Power distribution) has had the current business plan approved by OFGEM, in regard to Electricity. 

    Compare 9 Business Electricity suppliers and 11 Business Gas suppliers at Heart Energy 

    Thursday, 21 November 2013

    Insurance Companies have access to driver data

    A new system that will allow insurers to access DVLA data on drivers' convictions and penalty points will be tested from February.
    The insurance industry says the move will cut the amount of fraud seen under the current system of driver declaration.
    Up to 23% of motorists failed to accurately disclose their record to insurers, it has claimed.
    Drivers will want to ensure that the new system will lead to lower premiums.

    Visit http://heartfinance.co.uk/insurance.html for the best quotes. 

    Tuesday, 19 November 2013

    Heart Finance Search Google 1998

    Looking through our Web Archives we have found this :

    A Retro Google Page Search from 1998 ... Who can remember

    one of the first looks of Google ?

    Even if we have tried to search for heart finance 

    for a bit of fun, obviously we did not have an online presence

    at that time, but please visit us now at

    www.heartfinance.co.uk  for Loans, Mortgages, Insurance,

    Debt Solutions, Energy Savings and much more.

    Monday, 4 November 2013

    Your Business Savings Specialists
    Compare 9 Business Electricity suppliers and 11 Business Gas suppliers IN LESS THAN 60 SECONDS* *

    Heart Energy is a market leading Business Utility Broker in the UK. Specialising in the commercial Electricity and Gas markets we search for the best deal but charge you absolutely nothing. We work for you, not the suppliers. We take your utility business to several providers and use our buying power to make sure you get the best price available.*

    Monday, 20 May 2013

    Make Today Your Pay Day


    If you are looking to borrow some money to get you to your Pay Day, Heart Finance is your simple answer;
    With ♥ Heart Finance ♥ It has never been easier or faster to get the same day payday loans that you need for that unexpected expense, late bill or for any reason! Our easy online same day payday loan application process can have money in your pocket as soon as today (Usually in less than 2 hours) with absolutely no hassle! No credit check, No documents - just easy and fast!

    EVERYONE IS ACCEPTED !! There are no long drawn out questions and very easy qualification criteria and absolutely no credit checking. The perfect online loan! 

    Borrow between £100 to £1000 in No time !! And don't let that unexpected cost stress you anymore! 


    Wednesday, 15 May 2013

    Get Paid To Shop


    Whatever you are shopping online for, make sure you're getting the best deals.
    Shop with Quidco, save up to 50% at selected retailers and get over £200 cashback on selected products

    Join Quidco FREE with Heart Finance 

    The brainchild of Paul and Jen Nikkel, who began exploring the idea of a cashback website while studying at the University of Sheffield, Quidco has expanded rapidly since starting life in a small office in the City of Steel.Employing over 100 members of staff, stationed in both Yorkshire and London, Quidco is now the number 1 cashback website in the UK with a loyal membership which continues to grow at an impressive rate of knots.Attracting over 700,000 members inside its first four years, Quidco has expanded rapidly in the last three years to currently serve over 3 million UK consumers.Operating with the overriding aim of being ’the best destination for consumers to save money’ Quidco’s exclusive cashback and voucher code deals save our members millions on their shopping every year.
    Join FREE today at www.heartfinance.co.uk

    Are you looking for Insurance?

    TRY ONE MORE! Amazing deals! Get an Instant Quote!

     Heart  Finance is one of the UK’s leading independent finance broker which was founded to search the entire market in order to help you find the best deal you possibly can. 
    We offer a range of  insurance that  are arranged through well established and recognised Insurances and  financial institutions.

    Car Insurance, Home Insurance, Health Insurance, Life Insurance and more 
    Why should you use Heart Finance Insurance ? 
    We are 100% independent and impartial
    With our Quick-Click insurance system you can search our growing panel of insurers quickly and easily.
    Your information is stored so you can get new quotes instantly without having to fill everything in all over again.
    In many cases we are Cheaper than Go Compare and Compare the Market

    So why don't you see for yourself ? Get an instant quote Now ! Click Here  or visit http://www.heartfinance.co.uk/insurance.html

    Heart Energy

    Your Business Savings Specialists 

    Compare 9 Business Electricity suppliers and 11 Business Gas suppliers IN LESS THAN 60 SECONDS
    Heart Energy is a market leading Business Utility Broker in the UK. Specialising in the commercial Electricity and Gas markets we search for the best deal but charge you absolutely nothing. We work for you, not the suppliers. We take your utility business to several providers and use our buying power to make sure you get the best price available.