Finance group say people are paying too much interest

According to new findings from a leading finance group, consumers in the UK are settling for poor interest rates on their current accounts - which is just another example of poor debt management.

 

Over sixty per cent of consumers in the UK have stuck with their current account for over a decade without shopping around for a more beneficial deal.

 

The Abbey have commented that this simply doesn't make sense, as the profits that can be made on interest rates can be huge.