12 months of recession have left nearly two in every five (38%) adults reliant on credit for day-to-day living costs.
Post Office research finds 2.6 million people across the UK expect to spend more on their credit cards this January compared to January 2009. 3% even plan to take out another credit card or increase their credit limit in 2010.
Borrowers are increasingly using cards to pay for mortgage/rent, food, heating and other essentials.
Advice on money issues is available from:
- Community Legal Advice provides advice and casework over the phone on debt, benefits, housing and employment problems and the website and has a search feature to locate details of your nearest free advice agency for face-to-face casework help if you prefer that
- Foxhill & Parson Cross Advice Service
522-524 Wordsworth Avenue
Sheffield S5 9JG
Tel: 245 0287
- Hillsborough and Area Advice Service
Proctor Place, Hillsborough
Sheffield S6 4HF
Tel: 285 2020