DEBTDEMIC & PANDEMIC – when it comes to the consequences of both we need to accept what is endemic a
According to the recent report published by the national poverty charity Turn2us ‘financial resilience is at an all-time low’ in the UK. 6.4M people have been using multiple forms of debt in order to survive. That’s almost 20% of the adult (16+) population juggling their finances. 11M people are now running out of money ‘always’ or ‘most of the time’ before the end of the month or week. And we are about to enter the traditional season for maxing out on borrowing as we deal with the demands of Christmas and the New Year. With millions of consumers now affected we need to think digital – think download an App.