About 1 million families have resorted to using credit cards to pay their mortgage or rent during the past year, the housing charity Shelter claimed today.
A survey by the organisation found around 6% of households had used their plastic during the past 12 months, in order to keep up with their housing costs.
People in working class professions were most likely to use debt to cover their mortgage or rent at 8%, but 4% of ABC1s also admitted they had used their credit card in this way.
Read the whole thing at : http://www.guardian.co.uk/money/2010/jan/11/credit-card-mortgage-rent (The Guardian, 11th. January, 2010)
