Business Newsletters - Winter 2005
The Cost of Forgetfulness
A recent survey for the Prudential found that nearly half of those surveyed didn’t know exactly how much they were paying each month by direct debit and standing order or to whom they were making payments. Furthermore almost 20% continue to pay old direct debits and standing orders averaging £53 per month. Worse still, many of those continue to pay for at least six months! The cost nationally is estimated at over £400 million a month.
The message is simple - review your direct debits and standing orders and put an immediate stop to those that are out of date or irrelevant.
To find out more please contact us.