As a nation, we`re going to increase the amount we spend on food and drink over the festive period, but you can ensure that you can afford it by getting your finances under control through refinancing if you do not have the cash saved up already.
IGD indicates that there`s going to £19 billion spent on consumables this Christmas, 3.9 per cent more than last year. Many people have got budgeting in mind too, with six in ten (58 per cent) planning on doing more shopping around than last year to get the best deals.
That`s poised to provide a boom for discount supermarkets like Aldi and Lidl, with half (53 per cent) of young families planning on using them, alongside a third (36 per cent) of shoppers in the A and B brackets, showing that everyone has got money saving on their mind.
You could help your money go further if you cut down on unsecured debt payments through debt consolidation if you can find the right deal. This might leave you with more cash in your pocket each month, although you will probably need to pay more in interest over the term.
Discover all about reorganising your finances by contacting First Choice Finances, from a landline on 0800 298 3000, on a mobile on 0333 003 1505 or online at firstchoicefinances.co.uk.
Homeowner Secured Loans
Rates From 7.1% APRC
Representative Example £30,000 over 72 months @ £679.90 repayments. Total payable of £49,949. 20.1% APRC including £2,975 intermediary fee and a £995 lender fee. Loans secured on property.
First Choice are tied to certain loan providers.
Mortgages & Remortgages
Borrow £80,000 over 25 years
At 4.6% Variable, £461.95 for
300 months. Total Payable
£138,585. Total Cost Of
Credit £58,585 (incl £1360 fee).
Unsecured Personal Loans REPRESENTATIVE 49.9% APR (VARIABLE)
First Choice are tied to certain unsecured lenders.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Security is required on
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014.