2.3 Million Households Estimated To Have Missed Bill Payments In January

2nd February 2023

Which? analysis also reveals that the inflation gap between different households has hit record levels.

An estimated 2.3 million households missed or defaulted on at least one mortgage, rent, loan, credit card or bill in January 2023, according to the latest findings from the Which? Consumer Insight Tracker.*

Missed payments typically peak in January following the Christmas period, and this year's missed payment rate is similar to those of the past two years.

However, it's a jump compared to December, when 1.9 million households were estimated to have defaulted on or missed a payment.

Here, we reveal how people are cutting back and how Which? can help you keep on top of your bills.

Read more at https://www.which.co.uk/news/article/2.3-million-households-estimated-to-have-missed-bill-payments-in-january-aHrhY0E5tdsb