one million householders have used credit cards to pay their mortgage or rent in the last 12 months
11 January 2010
More than one million householders have used credit cards to pay their mortgage or rent in the last 12 months, a new survey by Shelter reveals.
Despite restrictions on credit and reports of many people paying off personal debt, an exclusive YouGov poll for the charity’s ROOF magazine reveals a disturbing picture of over a million people taking desperate measures with credit cards to keep a roof over their head.
for more information see http://media.shelter.org.uk/Press-releases/MORE-THAN-1M-HOUSEHOLDERS-USE-CREDIT-CARDS-TO-PAY-MORTGAGE-OR-RENT-SHELTER-SURVEY-REVEALS-2c4.aspx
Article written by Richard Talbot on 11 January 2010