ClearScore, one of the UKs leading providers of credit scores and reports, today announced a new partnership with StepChange, the UKs leading debt advice charity.
The partnership comes as the cost-of-living crisis continues to create new challenges and pressures on household finances, with ClearScores data, powered by open banking technology and based on 160,000 UK bank accounts, showing that the number of people missing two or more payments on credit cards has increased by 15% since February 2022, and by 5% on loans. Over half (55%) of Brits also believe the next twelve months to worsen their financial situation.
Meanwhile, StepChanges latest research found that almost one in six UK adults (15%), equivalent to seven and half million peopl…
Read the full article at: https://www.finextra.com/pressarticle/96374/clearscore-forms-debt-management-partnership-with-stepchange