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Credit Crunch: The British Perspective
The credit crunch is clearly having an effect on all of us as we are becoming more hesitant and cautious with what we spend our money on. With inflationary rises in basic living costs such as housing and utilities, there is no other option but to be careful with our purchases. We also now have a tendency to make fewer transactions with credit cards. This is likely to help us with saving money, as we don’t have to pay the added interest expense that we would if we bought items on credit (and sometimes that can be hundreds of pounds!).…
8Sep2008 | Jutia Group | Comments Off | Continued
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