Credit card woes, illiteracy fuel bankruptcy filings

Posted on February 1, 2021March 23, 2021 by Your Financial FactSheet

Credit card woes, illiteracy fuel bankruptcy filings:

Fifteen businesses and individuals filed for bankruptcy since the onset of the coronavirus pandemic last March, with runaway credit-card arrears and financial illiteracy cited as overwhelming factors for personal debt through to the end of 2020….

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