Deal Those Cards.
The Consumer Credit Councelling Service has released a report on levels of debt amongst the UK population. The report is full of fascinating and/or worrying facts and figures assembled from over 280,000 clients.
One of the facts that intrigued me most was that for 0.3% of the clients with debt problems it is normal to have around 19 credit cards. Yes, Nineteen! I find that astonishing. I thought I had a few too many and I have about 5. Several of which I haven’t used for a long time and yes, I really should cancel them but 19?
So todays mission, if you choose to accept it. Count your credit cards.
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