Not understanding financial jargon costs adults Ł21 billion – Money Advice Service

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Not understanding financial jargon costs adults Ł21 billion – Money Advice Service

3rd September 2014, 10:10:AM

Terms used by financial providers are not understood by enough people, according to the Money Advice Service. The findings show 84% of people do not read the full terms and conditions when buying a financial product – a decision that costs the average adult Ł428 last year. One in three people don’t know what ‘interest’ […]

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Not understanding financial jargon costs adults Ł21 billion – Money Advice Service

Not understanding financial jargon costs adults Ł21 billion – Money Advice Service

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