Abacus Daily Debt News

Bundling to help those who may have debt?

Those looking to become debt free could aid their situation by bundling their broadband service with digital TV and a home phone.

A report carried out by Ofcom discovered 47 per cent of those questioned do not take any advantage of the opportunity to group payments together in order to reduce their outgoings.

Research conducted by Broadbandchoices.co.uk discovered up to £210 per year could be saved if people use this service properly.

Michael Phillips, product director for the site, observed Britons are still forking out more than they should do for the service.

"With household budgets under such pressure at the moment, it is foolhardy to ignore the savings that bundled deals offer to consumers," he added.

The specialist continued there is money being "needlessly spent", which could see some slip into debt problems.

It comes after Gocompare.com revealed the average cost of sending kids back to school is collectively forcing parents to part with £1.2 billion.

Posted by Joe White