ESRI warns default options not always cheapest when buying financial products online

People could be paying thousands of euros over the odds when buying financial products online by falling foul of "subtle features" when they sign up, according to new research by the Economic and Social Research Institute (ESRI).

People could be paying thousands of euros over the odds when buying financial products online by falling foul of "subtle features" when they sign up, according to new research.

A new study by the Economic and Social Research Institute (ESRI) shows that people choosing loans via online calculators and portals are drawn towards the default options presented to them.