Last year was tricky for many. With the coronavirus pandemic causing havoc in mid-March, many were furloughed or lost their jobs.
It might have resulted in a struggle to make ends meet and turn to credit as a result – or maybe extending the debt they were already in.
Around three in 10 Britons have been negatively financially hit by the pandemic, with around 10billion of personal debt built up as a result according to StepChange research.
Out of the red: This is Money has revealed how Britons can get themselves out of debt in 2021
Rachel Springall of Moneyfacts said: ‘The impact of the pandemic on consumers may well have prompted them to take a step back to reassess their financial health and find ways to improve their situation…
Read the full article at: https://www.thisismoney.co.uk/money/cardsloans/article-9075821/How-debt-2021-Seven-tips-brighter-financial-future.html