Millions Use Credit Card for Mortgage Payment

January 14, 2010 by admin · Leave a Comment
Filed under: Economic Outlook 

According to Helter, more than one million householders have used credit cards to pay their mortgage or rent in the past year. A survey by YouGov for the housing charity found that 6% of the population and 8% of Londoners who are liable for covering mortgage or rent payments had used their credit card.
Shelter warned that a default on a credit card payment could trigger repossession.

ss_blog_claim=d8b71225e22bcdd26f96fbebe990c628 ss_blog_claim=d8b71225e22bcdd26f96fbebe990c628