Property News · January 16, 2016

Borrowers: watch out for Blue Monday … and take steps to get out of the red


It’s that time of year when the Christmas credit card spending hits home. We look at the ways you can limit your exposure to high costsThis coming Monday is said to be the most depressing day of the year, dubbed “Blue Monday” as consumers battle not just the miserable weather but also their gloomy financial situation. Millions let their credit cards or overdrafts take the strain of Christmas overspending, and next week is the point when the financial chickens come home to roost.Monday 18 January will see a surge in calls to debt charities as people who have limped through December and early January decide they need to seek help. It also marks the start of a week when millions of post-Christmas credit card bills will land on doormats. Continue reading…

Source : theguardian.com
Read more…Borrowers: watch out for Blue Monday … and take steps to get out of the red

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