No more 'buy now, pay later' - the newly prudent consumer

Julia Kollewe
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With falling house prices, spiralling bills, bleak unemployment data and a eurozone in crisis, it's no surprise that consumers are budgeting more. It seems that Brits' 'buy now, pay later' attitude is on the way out.

The tough economic climate has prompted almost half of the population to change their attitudes towards borrowing money.