Compare Credit Cards with CardSmart

Home » Credit Card News » Trends and Analysis » Equifax: New film reflects real female shopping habits

Equifax: New film reflects real female shopping habits

A new film that follows a woman as she goes through a financial crisis from over-shopping is in fact a reality, a credit information provider has stated.

More from Trends and Analysis
20 February 2009

Equifax: New film reflects real female shopping habits”

Bookmarks

Named Confessions of a Shopaholic, the movie shows the character running up large debts.

Equifax's Credit Report has revealed almost half (44%) of the 675 female consumers interviewed would not be able to keep afloat with money within the first month after they lost their job.

Additionally, over a third (38%) of women interviewed on the run up to Christmas had been refused credit, while 34% did not know how they could afford an unexpected large bill.

External affairs director for Equifax Neil Munroe said: "Loss of income and job losses are hitting news headlines every day, which means many women are in a very vulnerable financial position."

In other news, a finance website has said that making bill payments on time helps your credit rating.

According to David Kuo, head of personal finance at Fool.co.uk, customers should have "reasonable control" of their money situation.

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
Compare More Credit Cards...

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. Read more... We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.