UK Consumer Finance - A Look at How Financial Comparison Websites Can Be Misleading
Here in the UK there are thousands and thousands of websites that deal with consumer finance, from the big banks looking to attract new and loyal customers all the way through to comparison websites that want to introduce you to the aforementioned big banks or to sell your personal information on as a sales lead. Any way you slice it everybody is trying to get money out of the consumer. As far as the big banks and building societies are concerned they have their customer proposition and websites explaining their products. They are fully regulated by the Financial Services Authority and have a government appointed Ombudsman. Then we come to the comparison sites, now they are not all bad, I can think of about a dozen that are actually quite good Financing for Wheels and Tires. Most of the bigger financial comparison websites in the UK have certain practices that I do not like, promoting: "Partner's Products" or "Best Sellers", especially when they are clearly inf...