Latest Debt News
Better products to deal with debt
21/12/2005 18:04:00
Britons can save money and help themselves stay clear of debt simply by switching the supplier of their financial products, energy supplier or telephone supplier.
The savings that can be made by moving onto the best deals that each industry has to offer are quite considerable, according to uSwitch.com.
Re-assessing who supplies your telephone line can save you £120 a year, while a new energy supplier will free up an extra £140 a year.
Best of all though, getting yourself better financial products for current accounts, loans and credit cards, you could save £219 a year.
Nick White, head of personal finance at uSwitch, commented: "As bills hit the doormat in the new year, many consumers will find themselves struggling to make repayments.
"But, by making the right financial choices consumers can limit the damage and stop it having an impact on the rest of the year.
"Debt has become a way of life for many, and if it is managed sensibly and people are borrowing within their means, it can be controlled."
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