Studies claim Britons can do better with their finances
According to a study by Moneyextra, Britons can save on an average £4,678.60 every year, if some of the less worthy financial products are replaced with more competitive ones. If consumers are able to get good deals on debt management products they can actually make some worthwhile savings. Alliance and Leicester claim that a staggering £285 million are lost because borrowers end up choosing uncompetitive loans. The study by MoneyExtra revealed that by simply choosing the right credit card, the average Briton could save up to £825 every year.
