One third of consumers pay everyday expenses on credit
Almost one third of UK consumers use a credit card to pay for everyday items such as groceries, a Post Office survey has revealed.The poll showed that 10 million British adults intend to use their credit cards to cover day-to-day living expenses during the first part of this year.Meanwhile, 2.6 million people intend to spend [...]
Re: One third of consumers pay everyday expenses on credit
Low saving rates by individuals and firms are quite dangerous for sustaining economic growth. In addition, if government also runs fiscal deficit that may impose high risk to the growth.