Millions of Britons are entering 2018 with a Christmas debt hangover after overspending during the festive period, new research has revealed.
According to debt advice charity National Debtline, 16 per cent of Britons equivalent to around 7.9 million people – say they are likely to fall behind with their finances in January after spending too much at Christmas.
That is 11 per cent more than this time last year and highlights the growing problem people have with credit card debt over the festive season.
The poll of more than 2,000 British adults found that over half of those questioned said that they had not saved for Christmas before December arrived. Only 14 per cent reported that they had started saving up for th…
Read the full article at: http://www.independent.co.uk/news/business/news/christmas-spending-debts-credit-card-payments-loan-british-people-britons-household-incomes-a8138251.html
