Abacus Daily Debt News

Debtors ‘can save’ on the web

Brits have been advised that they can save a lot of money by doing their shopping on the internet by a technology expert - words that could help people manage their debts more effectively.

Dan Oliver, the editor of .netmagazine - a publication for web designers and developers - affirmed there is "no doubt" that ecommerce is cheaper, particularly because consumers are able to compare prices quickly and therefore locate the best deals.

However, he advised those buying from unfamiliar companies to carry out some research prior to finalising purchases so as to avoid being caught out.

Mr Oliver further noted that offline retailers find it hard to compete with websites, which is why many of them have begun to implement pages of their own, offering cheaper items than can be found in-store.

His comments follow research by PricewaterhouseCoopers, which revealed that households without digital access are missing out on savings of approximately £560 each year, both from shopping and paying bills online.

By Sarah Adie