A third of Brits are baffled by financial jargon including loan-to-value and balloon payments


THE financial questions Brits find most baffling are what loan-to-value means, the difference between PCP and PCH finance and what a balloon payment is. A survey of 2,000 UK adults revealed almost a third (31 per cent) are confused when it comes to money and finances, with the meaning of AER and capital gains tax […]
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