1. Universal Credit Shake-Up
Throughout September, more people will be moved from older legacy benefits to Universal Credit. Make sure to act within three months of receiving the letter to avoid losing benefits.
2. Student Loans Reform
Starting this September, students in England will see changes to their student loans. Repayments will begin once earnings exceed £25,000, loans will be wiped after 40 years instead of 30, and interest rates will be charged in line with the Retail Price Index.
3. PayPal Interest Rates Increase
Starting September 1, users of PayPal's credit service will see an increase in interest rates. The lowest rate will jump from 21.9% to 23.9%.
4. Amazon Prime Same-Day Delivery Charge
From September 18, Amazon Prime members will be charged £1.99 for same-day deliveries worth less than £20. Make sure to place orders above £20 to avoid the charge.
5. Inflation Update
The Office for National Statistics will release official figures on the cost of living on September 20. This will provide insight into price rises for goods and services across the country.
6. Interest Rate Announcement
The Bank of England will announce any changes to interest rates on September 21. Higher rates mean increased costs for borrowers, but higher interest for savers.
7. Meter Reading Day
The Ofgem price cap will fall in October, so take a meter reading on September 30 to avoid overpaying for energy.
Did you miss our previous article…
https://hellofaread.com/money/slash-your-shopping-bill-with-these-handy-apps/
