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The Business, Innovation and Skills Committee heard evidence from consumer money expert Martin Lewis that the total cost of a payday loan was more useful than APR. [52] Lewis calculated in his blog that at a compounding interest rate of 4,212%, a £100 loan that is not repaid would in seven years amount to more than the USA's entire national ...
Martin Steven Lewis CBE (born 9 May 1972) is an English financial journalist and broadcaster. Lewis founded the website MoneySavingExpert.com. He sold the website in 2012 to the Moneysupermarket.com group for up to £87 million. Lewis is currently a presenter for ITV, on the morning shows Good Morning Britain and This Morning since 2007.
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MoneySavingExpert.com is a British consumer finance information and discussion website, founded by financial journalist Martin Lewis in February 2003. The website's focus is to provide people with information on saving money in the form of deals, tips and journalistic articles, as well as techniques and strategies for exploiting loyalty schemes and incentive-based credit cards.
Martin Lewis has shared the “simple and easy” way millions of people can claim back money they have overpaid in student loan repayments. The Money Saving Expert founder explained the four ways ...
More than one million people overpaid on their student loan and are eligible to claim back hundreds or thousands of pounds, Martin Lewis has revealed. Many repaid on their student loan, even ...
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