 Bank accounts |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
A recent report by BDO Stoy Hayward has revealed that true extent of rising business fraud across the UK. The study has shown an alarming 74% rise over the last six months and signs that worse is...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
|
Cheapest Car Insurance
Finding the cheapest car insurance for your car has just got much easier. Use our car insurance comparison service for great results!
|
|
|
|
|
|
Tuesday 18th December 2007
New research has suggested that many Britons are relying on their friends and family to help them cover their debts.
According to figures from a YouGov survey, carried out on behalf of online payments company, PayPal, 48 per cent of the UK population have lent money to their friends and family in the last 12 months.
The average amount that people in the UK have lent to friends and family in the last 12 months is £898.52.
Cristina Hoole, a spokesperson for PayPal, said that there is no longer any "stigma" attached to borrowing money from friends or family.
"That just shows that we are feeling a little bit more stretched and turning to alternatives," she added.
PayPal is proposing that people can ask for the money that they have leant to their friends or family back through the PayPal service, with an email being sent to the borrower.
|
→ Full Bank accounts News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
