Nearly eight million people are planning to consolidate their
A poll conducted by Abbey found that 23 per cent of cardholders are looking to reduce the number of cards they have and get all their debts on to one if possible.
On average, adult Britons were found to have two
However, most have at least one card that they have not used for “some time”, according to the bank.
Abbey spokesman Roger Lovering said: “Unless a person is using all of their
“In the current climate, people are becoming more and more savvy about the impact numerous cards have on their credit rating, and a significant number of cardholders are now looking to consolidate all their
In other news today, Barclaycard has announced that it is cutting the credit limits of more than half a million of its customers.
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