Financial dilemmas 'common' for Britons
www.moneynews.co.uk > Banking > Financial dilemmas 'common' for Britons
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Money News |
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Financial dilemmas 'common' for Britons
Thu 28th Jun 2007
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In the survey of 1,500 British adults, over two-fifths said they would lend a friend in debt as much as they could afford.
Londoners would appear to be the most generous to a debt-ridden friend, with almost half suggesting they would bail them out financially.
Dating Britons also appear reluctant for someone else to take care of a dinner bill, with four-fifths contending that the person who invited the date should pick up the bill.
Jim Hodgkins, managing director of CreditExpert.co.uk, said: "We're regularly faced with financial etiquette dilemmas and as well as being important from a social standpoint, they're also significant financially."
"It's all well and good buying drinks for everyone at the bar – but it doesn't always pay to be generous. If you're running up debts that you can't pay off, you could be damaging your credit rating," he added.
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