coming soon
Total Instalment View Report
Throughout April, Consumer Intelligence will release a series of insights into deposits, instalment options, credit availability, and overall affordability.
At the end of the month, this comprehensive report summarising key findings will be published.
APR Awareness Month this April 2025
The recent FCA premium finance review has already led to significant consumer savings of over £100 million, as insurers have adjusted the cost of paying premiums in instalments. Consumer Intelligence's latest insights, featured prominently in Insurance Post, reveal that the average total instalment cost compared to lump-sum payments has dropped significantly from 11.3% to 10.1% in the past year.
With cost-of-living pressures influencing more customers than ever to choose instalments, understanding the actual cost of credit is vital. That's why we've launched APR Awareness Month this April, to challenge the misconceptions around Annual Percentage Rates (APR) and highlight the clarity and fairness of the Total Instalment Cost (TIC).
Throughout April, we will release detailed insights and benchmarks to help you better understand your company's position in the market regarding instalment charges. A comprehensive report will follow, offering in-depth analysis and actionable data.
