Politics1 min ago
How Much Do People Spend On Their Monthly Credit Commitments
52 Answers
How much do people spend on their monthly credit commitments a month
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.Great question to induce a lot of old people to smugly post they pay £0 in credit fees. Woohoo to you.
In the real world, the average personal debt is £16,000 so tens of millions of people are shelling out for credit.
As long as that is manageable, there is no problem (apart from shady loaners minting it).
In the real world, the average personal debt is £16,000 so tens of millions of people are shelling out for credit.
As long as that is manageable, there is no problem (apart from shady loaners minting it).
The majority of UK adults have debt, which incurs fees.
The older you are, the longer you have had to pay off your commitments. The average debt in the UK is £16,000. So the majority are paying credit fees.
If you have no debt, pay no fees, then good luck to you. Most people are not that lucky. They pay for credit because they have to, it is convenient for them, and it gets them what they want (at an additional cost).
The older you are, the longer you have had to pay off your commitments. The average debt in the UK is £16,000. So the majority are paying credit fees.
If you have no debt, pay no fees, then good luck to you. Most people are not that lucky. They pay for credit because they have to, it is convenient for them, and it gets them what they want (at an additional cost).
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