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Prepare For Brexit

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Even though it seems like an age since the European Union Referendum in the United Kingdom, it doesn’t feel as though we are any further forward with respect to what will happen in the UK. We are no closer to achieving Brexit than the day before the vote and there is a huge level of uncertainty in the market. Uncertainty is bad because it makes people put their life on hold and this means that the whole country appears to be stalling. If we knew that Brexit was definitely coming and we knew what the terms were, we could be a lot more confident about how to prepare for Brexit.

There is obviously a need for people to take greater control of their finances and there are many small things you can do to be better prepared for the future. Even making small changes for savings, such as looking at the best price for insurance deals will help. With a range of price comparison sites available online, there is no excuse for not having a look and then seeing what is available to you.

Study everything you spend money on

The market facts suggest that 43% of people in the UK haven’t changed their insurance provider or their utility provider in the last year. This means that a lot of people have switched but it also means that many people have decided to stick with what they know. This may be the best option but there is a chance that other benefits may be available and people just aren’t looking to take them. This is silly because there is nothing to be gained from being loyalty to a utility provider.

prepare for Brexit

If you can save money or receive better service from a different provider, it makes sense to switch to them. You need to look after yourself and your own needs when it comes to improving your finances. There are many ways in which you can look to take control of your finances and you’ll find that you need to be proactive when looking for loans or credit options.

There is a wide range of loans to choose from, including guarantor loans, and you need to make sure that you find the one that best suits your needs. Never rush into deals or offers because they look good at first glance, be sure to take the time to find the loan deal that is best for your needs.

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A Representative Example

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48 Monthly Repayments, borrowing £2000
Total Amount Payable: £4067,04
48.9% APR Representative
Rate of Interest 25.84% Fixed Flat Rate
Monthly Repayment: £84.73