People in the UK continue to feel the strain on their finances due to COVID-19 with those aged 18 to 24 most affected - according to credit reference agency Credit Kudos’ second Borrowing Index, which drills down into the nation’s current borrowing behaviour.
The survey of 2,000 people across the UK found that almost two in five (37%) of the youngest adults have seen their finances impacted (compared to 26% across the UK), while 43% had to increase their borrowing since the start of the pandemic.