One of the major factors that revolutionized consumer spending habits was the introducing of credit cards. People no longer had to carry large amounts of cash when they went shopping and did not even have to possess all the money that they spent. This meant that more people could spend more. Along with the practice … Read more
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It’s going to be a busy year in the debt management industry if the statistics are anything to go by. According to creditaction.org.uk the average debt owed by every UK adult is £29,875 (including mortgages) and this figure is an average for EVERY adult, including those who have no debt or mortgage whatsoever! Credit Action … Read more
It appears that perhaps there’s a radical shift is happening and consumers in the United States they are singing a different song, to become debt free. Perhaps its just a the result of the economic times and it a won’t last or perhaps it something more lasting. We have passed though decades were shop til … Read more
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