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The Martin Lewis Podcast

The terrible human cost of scams, and finally, a cheap energy deal

The Martin Lewis Podcast

BBC

Business

4.4929 Ratings

🗓️ 13 December 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

On this week’s episode, Martin gives listeners his advice on how to spot a scam and hears the terrible experience of ‘Lisa’, who was scammed by criminals using Martin’s name. Martin also has some energy saving deals to share, and answers more of your questions on personal finance.

Transcript

Click on a timestamp to play from that location

0:00.0

BBC Sounds, Music, Radio, Podcasts.

0:04.6

Hello, I'm Martin Lewis, and this is the cunningly named the Martin Lewis podcast.

0:09.5

I do wonder what that's going to be about.

0:11.7

Now, usually much of it comes from my BBC Radio 5 live show with Nihal Arthur Nyaka,

0:15.9

but don't worry there's bonus money-saving tips just for you lucky, lucky podcast listeners.

0:23.7

In today's pod, scams,

0:29.8

the law to prevent them is finally in place. But when will the crackdown start? I'll be running through tips to protect yourself and the most common scams to watch out for right now.

0:34.9

Then, and it's a hard listen, we meet Lisa, who fell for a scam and gutted to say,

0:41.2

because she trusted a fake ad with me in it. And you can hear just how devious and psychologically

0:47.1

manipulative these criminals can be. Plus, finally, I've got a cheaper energy deal to tell you about that's open for everyone to switch to.

0:57.2

There are savings to be made, they're not huge, but they are savings.

1:02.1

And to finish, we've got more of last week's tellers when I asked,

1:06.2

please tell us what financial subjects you just don't understand and you want to get your head around.

1:11.4

And I'll try and help you.

1:12.6

This week, you asked me about ISAs.

1:15.1

Mid-contract price rises on broadband and mobile, insurance hikes, who profits from interest rate rises,

1:21.4

and how do credit card providers decide where they're going to put your repayments?

1:26.3

Enough of what's going to happen.

1:28.8

Let's hear what's actually happening.

1:30.0

Play the theme tune.

1:31.2

Oh, we don't have it.

1:32.4

Okay, we don't play the music.

...

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