40% of people unable to cover a sudden £300 bill earn above the national median salary.
40% of people unable to cover a sudden £300 bill earn above the national median salary.
The new data reveals ongoing differences in the usage of lifetime mortgages among age groups and genders.
Half of victim-survivors of coerced debt have experienced a negative impact on their credit record.
More than a third of UK homeowners hold multiple credit cards and frequently use overdrafts to manage spending, according to new research from Pepper Money.
The proportion of single women applicants is also at the highest level seen in a year.
It has overtaken home improvements as the most common reason for releasing funds.
41% have found it difficult to keep up with bills and credit commitments in the last few months.
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