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Parents Warned of ‘Hidden Crisis’ as Childcare Costs Push 1 in 6 to Credit Cards - Birmingham Live

Summary by Birmingham Mail
33% of parents have no savings to fall back on, compared to 23% of UK adults

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Parents warned of ‘hidden crisis’ as childcare costs push 1 in 6 to credit cards - Birmingham Live

33% of parents have no savings to fall back on, compared to 23% of UK adults

·Birmingham, United Kingdom
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Your MoneyYour Money

One in four parents in debt – and school holidays could make it worse

A quarter of parents with at least one child have used credit, loans or an overdraft to make it through to payday, according to research.

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headlinemoney.co.ukheadlinemoney.co.uk

StepChange shares tips for parents worried about debt during summer holidays

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headlinemoney.co.uk broke the news in on Monday, July 7, 2025.
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