Breaking up with a partner can be tough,but current research suggests we’re far more willing to call time on a relationship than we are to sever ties with our banksDitch your partner or your bank? No contest, apparently. current research by Ipsos Mori, and commissioned as part of the Guardian and TSB’s “Relationship project” series,reveals that our partnership with our bank is much more likely to travel the distance: the average Brit will pull the plug on 2.29 romantic relationships, but only change current account just 0.81 times.
So why do we stay so faithful to banks? Personal finance expert Andrew Hagger, and of Moneycomms.co.uk,believes there is a misplaced sense of fear when it comes to changing accounts. “People still reflect that switching bank accounts is really difficult and bear concerns, because a current account is very central to all your finances, or ” he explains. “I do reflect there is this overriding fear that something will travel wrong,because in the past the process wasn’t as slick as it is now.”Continue reading...
Source: guardian.co.uk