IF getting out of debt is your new year resolution then we’ve compiled eight simple steps to help you.
About 4million people relied on credit to pay for Christmas, according to debt charity StepChange.
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Half of borrowers will take more than six months to repay it.
“Christmas can be hard on our finances, and the pressure to spend big on gifts, food and festivities can often bring money worries and debt problems in the new year,” says Simon Trevethick, from StepChange.
The charity often sees a spike in people asking for help with their debt once the Christmas trees are packed away and the first credit card bill of the season arrives.
Laura Whateley explains how to…
