Christmas Debt

Monday 24th December 2007 - 14:06

People in the UK are expected to massively increase their spending on credit and debit cards in the run up to Christmas.

On average, £7,600 per second will be spent on credit and debit cards during Christmas, according to the Credit Card Research Group (CCRG).

 Money Advice Group is expecting to speak to 50,000 people in January who are looking for financial help and advice.

 

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