Potential wedding credit card misery
People are risking racking up credit card debts thanks to weddings, according to new figures from Santander.
The bank reveals that 14 per cent of people going to weddings this summer will pay for it on their credit cards, even though the average spend is nearly £400 (£380).
The biggest costs are travel and accommodation at over £200 (£210) on average and present, which come in at over £130 (£131).
Emma Roberts from Santander admits that people don't want to have to think about the cost of their loved one's big day, but people need to face up to it, especially if they’re planning on attending multiple ceremonies.
"To avoid suffering a financial hangover long after the wedding festivities have come to an end, those who have put spending on a credit card should make sure they transfer their balance to a 0 per cent deal to manage their money as effectively as possible," she advises.