|
APR on instalments
This is an area to save money. Paying on instalments can be reasonably cost effective by insuring direct with an insurance company whose average APR is 19 per cent.
The average APR via a broker would tend to be higher and at times far too high. This is definitely an area to watch the pennies as you can waste money on over high APR’s.
Examples:
• Alliance & Leicester –
21.5 per cent.
• Barclays –
0 per cent.
12 monthly payments by direct debit (great offer).
• Churchill –
22.4 per cent.
• E Sure – 21 per cent.
• John Lewis – 18.5 per cent.
• Sainsbury – 0 per cent
High initial premiums.
• Saga – 0 per cent
Great offer.
• Tesco – 15.7 per cent. |
