Monday, Dec 04, 2006
Millions of Britons are still paying their credit card debts racked up last Christmas!
Free Help Advice: Millions of Britons are still paying their credit card debts racked up last Christmas!
A study carried out by MoneyExpert.com has found that nearly 4.2 million Britons are still paying their credit card debts from last year’s Christmas. Nearly 12% of all credit users still had debts on their cards, from last year’s festive spending and this trend is expected to affect the consumer spending during this Christmas. The study found that an average British consumer took 2.6 months to clear off their Christmas bills. It is estimated that around £11 billion will be spent on credit cards during this year’s festive season.
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