Published On: Thu, Oct 29th, 2020

Furlough and payment holiday deadline: How to handle your financial fears as support ends | Personal Finance | Finance

These problems can take many different forms but fortunately, Credit Klarna has offered advice for some of the most common issues.

Akansha Nath, the head of partnerships at the company, started off by examining the prospect of unwelcome surprise bills: “An unexpected bill is enough to give anyone a fright.

“During COVID, households have been terrorised with rising household bills, with families the biggest victims.

“According to Credit Karma, parents have seen their utility bills creep up by nearly £70 a month, leaving nearly half living in fear of how they’ll afford a second lockdown.

“But changing utility providers and finding competitive offers can ward off startling bills, using a switching service, such as Credit Karma, can provide you with competitive rates within minutes.”

READ MORE: Furlough: Know your employment and redundancy rights as tribunals rise

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