Credit Card Use Falls 13%

The use of credit cards dropped 13% last year while the average spend increased by the same amount to £12.93 howver debit card transactions also increased by 15.8%.

The British Retail Consortium (BRC) have said that consumers are avoiding debt by not using credit cards and avoiding charges.

Stuart Carmichael, Director of Debt Support Trust has said, “It’s positive that the level of credit card debt is reducing. The number of people acquiring credit cards is still increasing, which suggests consumer confidence is low. We are still seeing increasing numbers of people seeking debt help and expect numbers to continue to grow during this difficult financial time.”


Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;

Benefits Advice

General Debt Advice

Individual Voluntary Agreement (IVA)

Protected Trust Deed