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• Time ran out for fans of Toyota or Lexus hybrid vehicles
  

  Picture Loans, a secured UK lender, has been pulled up by the advertising agency over one of its TV ads, after being accused of making taking out finance sound light hearted. The TV commercial showed a woman wondering around the house on the phone going about her business and being interrupted by various members of the family. Whilst on the phone to the loan company she states that it is always like that around the home, but at least she can get her credit sorted.

  
  
• Consumers prefer fixed rate deals to cheaper tracker mortgages
  

  According to the results of a recent survey the vast majority of consumers in the UK would prefer the safety net of a more expensive fixed rate mortgage deal over the uncertainty of a cheaper base rate tracker mortgage, despite the predictions that interest rates may fall in months to come. The research was carried out by the Abbey, and the results indicated that around four out of five consumers - equating to 80% of consumers - would opt for a higher rate fixed rate mortgage over a cheaper base tracker mortgage if they had to remortgage. The majority of those stating that they would choose the fixed rate deal also stated that they would want to fix the interest rate for at least two years.

  
  
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