More people using family help than Buy Now Pay Later loans
2 hours ago Share Save Colletta Smith, Cost of living correspondent and Elaine Doran, Producer Share Save
BBC Carla McLoughlin regularly borrows from family
People turn to family and friends for money more often than Buy Now Pay Later loans, a new survey has suggested, and for most of them it was for less than £250. The survey of more than 4,000 adults commissioned by non-profit Fair4All Finance, shared exclusively with the BBC, found that while 25% of respondents had taken out a Buy Now Pay Later loan, 26% had borrowed from family and 15% from friends this year. Many relied on friends and relatives because they had been turned down by traditional services like ban
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