Forgotten direct debits and standing orders have cost Brits the equivalent of £427 million a month!

Nearly one in five people (19%) have discovered forgotten direct debits and standing orders.

The average amount forgotten per person was £53 a month the equivalent of £427 million a month nationally!

Brits claim to spend more than £13.1 billion a month (excluding mortgages) by direct debits and standing orders. Yet 47% (20 million people) don't know exactly how much or to whom they are making payments.

Click on link to Lifestyle - Your Money (below) for the full report.