By Mr Bankruptcy
28th September 2023
According to debt charities, outstanding credit card debt reached £66.4 billion, an increase of 8.2% (£5.0 billion) in the year to June 2023. This means that credit card debt averaged £1,248 for every adult in the UK.
But with interest rates still high and with no immediate sign of coming down any time soon, it’s more important that ever to avoid piling up credit card debt. In this blog post we look at some of the ways you can keep control of your credit card and make sure it works for you – not the other way around.
How to avoid credit card debt – 5 steps
So, keeping an eye on your spending and creating good money management habits should go a long way to ensuring that you stay in control of your finances and help you avoid the need to reach for the credit card unless you really need it.
James Rosa Associates
James Rosa associates is a firm of debt advisors and debt adjustors. Our team offers clients a full range of advice and professional services, all delivered with a supportive and friendly approach, to private individuals or business owners and directors wanting to tackle unmanageable debt from whatever cause. We also help people and businesses involved in a civil or commercial dispute. Our services include:
James Rosa Associates is authorised and regulated by the Financial Conduct Authority (FRN665061) to work with clients to produce bespoke solutions to fit their specific circumstances.
Find out if you qualify for a free consultation
If you want to deal with an unmanageable debt, or bring a dispute to a swift and cost-effective resolution, then contact James Rosa Associates today, ring 0845 6807217 or email email@example.com and we can discuss whether you qualify for a free consultation.
Please be advised that all views expressed in these posts are those of the author and not of James Rosa Associates ltd.