Friday was Twelfth Night (unless you subscribe to the idea its on 6 January), when we traditionally take down Christmas decorations. But while the baubles and lights may be back in the box, for many people their festive (over)spending will continue to cast a long shadow over their household finances for weeks, or even months, to come.
An estimated 7.9 million people are expecting to fall behind with their finances this month as a result of Christmas costs, according to research published this week by National Debtline, run by the Money Advice Trust.
January is, of course, the month when the credit card bills land. Still to come is Blue Monday on 15 January said to be the most depressing day of the year.
But Britons have long been p…
Read the full article at: https://www.theguardian.com/money/2018/jan/06/personal-debt-credit-card-overdraft-loans
