overdrafts

One in four turn to credit cards, BNPL and overdrafts to fund impulse buys

22nd July 2026 Buy Now Pay Later | #BNPL #credit cards #featured #overdrafts

While scrolling online at bedtime has become a nightly routine for many, according to new research from MoneySuperMarket. The research shows that late-night browsing can have costly consequences, with one in five (22%) spending more than £200 in a single late-night shopping session. The research found that bedtime browsing is taking a toll on budgets,…

Consumers spend £1.4bn on bank overdraft interest each year

12th April 2024 Consumer Lending | #interest rates #overdrafts

New research by TotallyMoney has found that one in five (9.7 million) current account customers are overdrawn by an average of £697, with £1.4 billion spent on bank overdrafts each year. The research showed that on average, one in five people (18.8%) are £697 overdrawn each day that with most high street banks charging customers…

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overdrafts

One in four turn to credit cards, BNPL and overdrafts to fund impulse buys

Consumers spend £1.4bn on bank overdraft interest each year

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