16 to 24-Year-Olds Most Likely to Borrow Christmas Cash

Summary


NEW research has found that one in ten people in the North East have already borrowed money to pay for the cost of Christmas.

According to the survey carried out by insolvency trade body R3, around one in eight people (12%) across the region think it will take anything from three months to more than a year to pay back the money they've been loaned by friends, family or the bank.

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Extract


16 to 24-Year-Olds Most Likely to Borrow Christmas Cash

Nationally, people aged between 16 and 24 are more likely to have borrowed money than any...

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