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Reviewing credit saves average £1,800 a year, says MX Financial

MX Financial Solutions estimates the British public is losing £19bn a year through lack of financial planning.

Shopping around for the best credit card rate, moving debt off store cards and consolidating debts could help to reduce the average household expenditure by £1,800, the survey showed.

The survey focused on different segments of the consumer market and compared their typical financial portfolios against the best deals on the market by using the comparison tools on the MX Moneyextra website.

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