Up to 85 per cent of people believe credit is an acceptable tool if properly managed, says a survey by Beneficial Bank, the UK arm of US-based financial services company. More than 50 per cent believe personal loans are a sensible way of borrowing, with three in five being more likely to buy something if they can do so with interest-free credit. Among the most likely purchases on credit are cars, fridges, washing machines, TVs, videos and furniture.
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