An NUS survey of 3,654 students has found that 11% of undergraduates used credit cards to pay for living costs, 28% had a bank overdraft and nearly half said they had to rely on financial support from their family. In addition, 2% said they had used the service of payday loan companies. However, 28% said they had managed not to have any debt at all.Sunday 12 October 2014
Students finances
An NUS survey of 3,654 students has found that 11% of undergraduates used credit cards to pay for living costs, 28% had a bank overdraft and nearly half said they had to rely on financial support from their family. In addition, 2% said they had used the service of payday loan companies. However, 28% said they had managed not to have any debt at all.
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