Hundreds of Britons have taken out credit including store cards with no intention of paying back debts, according to a survey by US credit report agency Equifax.
Of the 2,010 adults asked, 16% admitted to dodging repayments and half of those said they would do so repeatedly.
Further analysis revealed men are twice as likely as women to skip repayments more than once. The number of culprits in the 35-44 age category outweighs those in the 18-25, at 11% compared to 5%.
Unemployment contributed to the motives of 17% of respondents, compared to 10% of those in work. A final 7% would not comment or could not remember if they owed debts to lenders or stores.
Andrew Webb, head of personal solutions at Equifax, told Drapers: “While our research looked at credit commitments as a whole, it’s very likely that the attitudes to non-payment that we identified would include store cards. The positive changes we’re seeing across the credit industry means it is likely to become increasingly difficult for individuals to access credit they cannot afford – or do not intend – to repay.”