Debt The Halls – Majority of Brits unable to pay off Christmas debt before April

2 Minutes Read

According to The Bank of England, a typical UK household spends over £500 more during the Christmas season. Consequently, many of us are tempted to borrow a £500 loan to help regain stability in January. However, research conducted by PiggyBank found that a majority Christmas debt isn’t repaid fully until April.

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In The Press

  • The Independent – Majority of Brits unable to pay off Christmas debt before April, research finds
  • The Sun – Brits won’t pay off their Christmas debt until APRIL – with many left £400 out of pocket from festive season
  • Daily Mirror – Brits won’t pay off their Christmas debt until April, research reveals
  • Metro – ‘Tis the season to be skint: Brits won’t pay off festive debt until April
  • Yahoo! News – Brits won’t pay off their Christmas debt for ages
  • Daily Express – Debt from Christmas will not get paid off until APRIL by most families
  • News Anyway – Brits admit they won’t be able to pay off their Christmas debt until April