43% of Brits leave half of letters unopened
03/03/2015
Almost half of people in the UK don’t open all the letters they receive in their post, partly due to avoiding bank statements or bills.
46% of UK adults have admitted in a new survey from the Debt Advisory Centre that they do not open all their post. The people surveyed advised that their unopened post goes straight into the bin or the shredder.
Junk mail tops the list of most unopened mail, followed by bank statements, credit card bills, utilities bills and phone bills. People aged 25-34 years are most likely to leave their mail unopened, with 51% of them admitting this. They are also the most likely age group to avoid opening their bank statements (33%), credit card bills (24%) and utility bills (17%). Individuals aged 18-24 are more likely to avoid opening their phone bills – with 16% admitting to this.
People admitted that they do not open their post as they are worried that they will receive bad news, or that they do not want to know how much they owe on their bills.
Ian Williams, spokesman for DAC, says:
“The truth, of course, is that ignoring a debt problem won’t make it go away – and it is likely to get worse as interest and charges continue to mount up. The only real solution is to tackle the problem head on – either by speaking to your lenders directly or by working with a debt advice charity or an advice provider such as Debt Advisory Centre.”
Need financial advice?
If you have any personal finance questions related to this news article, then please contact our financial advisers. You can get in touch by asking a question online, calling us on 0800 092 1245, or by arranging a visit.
Share this..
Related stories
Pawnbrokers benefit from increased price of gold
While the price of gold continues to move higher and higher, as many investors look for alternative arrangements to protect their funds, pawnbrokers have benefited enormously over the last two years. A quick glimpse at TV in the UK will show a mass of new gold exchange adverts offering cash for your jewellery at a moment's notice. So how long can this continue?
Even though there had...
Rein in your spending, warns investment group
Earnings are growing at the lowest rate for ten years and but household expenses are going up, according to a new study.The report by the Alliance Trust Research Centre warns that people are refusing to pay attention to financial facts and spending more than ever, out of sync with their salaries.Shona Dobbie, head of the Alliance Trust Research Centre, said: "Far from never having it so good, we'v...
Read MoreReport Claims That UK Drivers Pay £500 Annual Fuel Excess
A report into the state of the UK fuel sector has claimed that each and every driver in the country is paying a £500 a year surcharge compared to European counterparts. While the government is well aware of the difference in prices compared to other areas of the world there seems to be very little movement. But why is the UK so expensive when it comes to fuel?
The main difference...
ASDA calls the top of food price inflation
While the figures do not yet bear out these thoughts, ASDA has today come out and called the peak for food price inflation for the time being. Barring any unexpected events the group believes that food price inflation will start to fall back over the next few weeks and months - then again with a rate approaching 10% it is not before time!
ASDA has also introduced 5,000 fresh price...
Is Opec An Organisation Or A Cartel?
This is the interesting question which is being debated in the US with concerns that Opec may in fact be an illegal cartel in all but name. Whether this is true or not is open to interpretation but it seems as though the US authorities are looking to try every trick in the book to look after their own interests.
While the Gas Price Relief for Consumers Act of 2008 was recently pass...