UK credit card borrowers stay in debt for longer than previously thought, Bank of England research reveals

Although a consumer may clear their debt on one credit product, it is not uncommon for them to remain in debt as they transfer balances to another credit card iStock UK credit card and personal loan borrowers tend to remain indebted for longer than the Bank of England previously thought, new research suggests. The findings …

Refer to the original article of aBestFamily at : UK credit card borrowers stay in debt for longer than previously thought, Bank of England research reveals - abestfamily.com

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