Its Christmas time, and the period immediately after, that is a cause of concern for many when it comes to spending and paying back amounts owed.
According to a recent study produced by Moneysupermarket.com, anxiety over debts remains high in the UK, with over half of us believing it will take three years or more to pay our debts.
Another 12%, the study said, dont believe they ever will.
But why did they conduct this study?Well, its in response to a growing issue in the UK household debts rose to their worst rates to date in 2018.
Evidence points to reckless festive spending
More Britons are entering each New Year in debt. National Debtline, in late 2017, claimed 16% equivalent to around 7.9 million people were likely to fall be…
Read the full article at: https://realbusiness.co.uk/consumer-debts-smes-must-help/