Over 25 million Brits have admitted they’re in debt, with 40% relying on credit cards for everyday spending. The research, carried out by free credit score app CredAbility, found that a further 18% have received bad financial advice, making their situation worse.
The good news is that people can take a few simple steps to regain better control of their finances. Keely Newman, head of vulnerable customers at TSB Bank, told the Express: “On debt awareness week, it’s a good time to check in on your finances and consider how you can make small changes while you build for the long-term and the goal of becoming debt free. Support is out there – from your bank to charities like StepChange – that can help you navigate your finances and…
