Shop­pers warned to avoid debts

The Peterborough Evening Telegraph - - Uk & World Update -

THE na­tion­wide Christ­mas shop­ping spree has re­newed fears of an alarm­ing in­crease in per­sonal debt as peo­ple get car­ried away with bar­gain hunt­ing.

Debt ad­vice or­gan­i­sa­tions are brac­ing them­selves for a huge up­surge in con­sumers ad­mit­ting to money prob­lems af­ter drasti- cally over­spend­ing on their fes­tive bud­get.

Some £2.5 bil­lion passed through tills across the UK yes­ter­day on top of an es­ti­mated £1.8 bil­lion on Box­ing Day.

An­a­lysts be­lieve the com­bined to­tal will be the high­est-ever spend on record for De­cem­ber 26 and 2 .

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