Almost a quarter of adults “couldn’t afford an unexpected £200 bill”


One in four adults say they can’t afford an unexpected £200 note, a survey has found.

A survey conducted in July found that 23% of people could not afford the unexpected £200 cost.

The research was commissioned by Debt and Budgeting Help charity Christians Against Poverty (CAP).

About 28% of adults said increases in the cost of living made them feel financially insecure.

We are supporting more and more people who have had to borrow money just to pay for essentials such as food, bills and energy

The same proportion (28%) of adults surveyed across the UK said keeping up with bills and credit obligations was a huge burden for them, and 9% now have debts they don’t know how to manage should pay back. Almost a quarter of adults “couldn’t afford an unexpected £200 bill”

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