UK Mobile contract debt on the increase

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It has been revealed that in the UK, there has been an increase in the number of people are missing mobile payments, according to new research.

British Mortgages and loans broker Ocean Finance conducted a survey and their findings revealed that 14% of people with mobile phone contract are paying their bills late or even not at all.

Those in the younger (18-24) age group were the most likely to default on their agreement, with 23 per cent of them having missed making payments.

25% of those in London and 24 per cent of those in the north-east are statistically more likely to run into financial difficulties with their accounts than others elsewhere across the UK.

High charges were the reason given for missed payments by 12 per cent of those that took part in the survey.

A similar percentage of people missed payments because of overseas roaming charges, and 25% say that  have failed to pay bills because of excessive data usage.

35 per cent of consumers said other more pressing expenses had been the cause of non payment.

A recent report by uSwitch found that millions of Brits are overpaying for handsets. It found that  people are spending £885 million per year on out-of-tariff data charges, on average.

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