UK credit card debt hits record high
Posted in Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Debts, Late Payment, Late Payment Law
Consumers borrowed £1.5bn net in February — the highest monthly figure since statistics began in 1993 UK consumers borrowed a record amount in February, with some economists saying it was a sign of the cost of living crisis hitting wallets even before Russia’s invasion of Ukraine pushed energy prices higher. Individuals borrowed a net £1.5bn…