credit card costs

Credit card interest costs have increased by 80% since 2021

17th June 2026 Consumer Lending | #credit card costs #featured

New data from Updraft has suggested that the average person in the UK has £1,400 in credit card debt in 2026, and will pay £342 on interest this year alone – yet 82% haven’t consolidated their debt. The new figures, based on an analysis of Bank of England and ONS data, show that the average…

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credit card costs

Credit card interest costs have increased by 80% since 2021

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