£5 per gallon fuel may lead to drivers looking for debt consolidation
£5 per gallon fuel may lead to drivers looking for debt consolidation
Thursday 19th November 2009
That is according to new figures released by the AA, which said that consumers will need to shop around this festive season in order to find the best value for money.
Motorists struggling with the higher cost of petrol may have to consider talking to a debt management company to straighten out their finances. Debt consolidation loans are just one of the solutions on offer to those who need assistance.
Director of AA Financial Services Mark Huggins commented: "We can do little to control the price of petrol and diesel but we urge drivers to keep their eyes open for the cheapest pump prices which are often supermarkets."
Yesterday (November 18th), the average price of petrol in the UK hit 108.69p per litre, having risen from the previous peak of 107.14p per litre on October 27th.
According to the AA, diesel fuel has also reached a new high, standing at 109.97p per litre.
This week, the RAC's cost of motoring survey found that many struggling motorists are leaving their cars at home to cut back on the cost of running a vehicle.
Almost a third of motorists (28 per cent) are using their car less regularly and six per cent have decided to switch to a smaller vehicle.
News article brought to you by Debt1 – UK debt management specialists
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