For Your Protection and Peace of Mind

All our loans & procedures are approved and qualified by our fully experienced compliance team to ensure they meet our high standards and comply with all current regulatory requirements

8 million behind on bill payments

Eight million people in the UK are struggling so badly with their finances, that they are failing to keep up with their commitments, missing bill payments as a consequence.

Research released by MoneySupermarket has discovered that 17 per cent of consumers in the UK have missed a payment on at least one of their bills in the space of the last year.
The most common missed bill is for credit cards, while the next most neglected bill is for council tax.

Other popularly missed payments included mobile phones, personal loans and Sky TV subscriptions.

Kevin Mountford, head of banking at MoneySupermarket.com, said: "Our research shows there's still a worrying amount of Brits potentially damaging their credit rating by failing to pay their bills on time."

Last week, it was reported by uSwitch that some 85 per cent of the UK public are still worrying about energy bills, despite recent drops from most of the big energy firms.