Giving credit to consumers
As we enter a new year, many of us will be making fresh resolutions about how we deal with our personal finances, or groaning at the amount of Christmas spending we put on our credit cards. How do attitudes towards credit and loans, towards debts and saving vary across the world? Using the latest data from TGI, we investigate...
A CREDIT CARD CULTURE?
One notable difference is in ownership of credit cards. Whilst Britain and the US have very high levels of ownership (71% and 68% respectively), this is not common across all Western countries –...