Don't know your ISA from your escrow?

By Charlotte Yau
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Let us help you demystify what phrases like ‘fixed term saving’ and ‘early pay off penalty’ actually mean.

This handy tool will highlight financial jargon on any web page, and provide you with a plain language definition to help grow your financial knowledge.

                                                                                                   DOWNLOAD PLUG IN

The new jargon-busting tool aims to help people understand the muddled, and sometimes baffling world of finance.

Users who come across a confusing financial term online can simply turn the plug in on and hover the cursor over the perplexing word to be shown an easy to understand explanation.

The Translation Service launches with 75 of the most puzzling terms included, and the list will grow with the latest jargon added in real time.

 

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Representative example for a loan of £4,000 for 24 months at an interest rate of 15.5% APR fixed. In this example the total amount payable (including interest and fees) would be £4633.57 and your monthly repayments would be £193.07.

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