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Is it time to become more active on your finances?

While UK financial sector is still very much on the ropes the last few months have shown us that some operations appear to be more secure than others. Historically many in the UK have been very inactive when it comes towards moving their finances between the different operators in the sector but now may be the time to look again.

The UK consumer is often attracted by the headline rates of various packages when in reality the small print can offer a very different picture. It is vital that advice is taken where applicable as charges and excessive interest rates can eat away at savings or even increase loan funding costs. The Internet has become a very useful tool for the financial sector and one which more and more UK consumers should be using to their benefit.

The process of transferring bank accounts and other financial packages to a new provider has been very much simplified and is a lot more straightforward than people might imagine. There are signs of late, in light of the ongoing economic slow down, that UK consumers are looking more towards the future and making use of online facilities.

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