Credit Card Debt Secret = £30 Billion

Have you ever lied to your partner about a purchase? Maybe you purchased a pair of irresistible shoes and put it on the credit card that they don’t know you carry. If you do have secret credit card debt then you are not alone, a fifth of us admit to having ‘secret debts’ and one in 10 lie about the number of credit cards they own.

According to this research, published by CreditExpert, 10% had secretly bought items from a joint current or savings account without their partner’s knowledge. Apparently London couples are the most secretive about their credit card debt with 29% not sharing information about their debts.

Yet, confusingly, 90% believe that being honest about finances was important in a relationship.