18-months of lockdowns and restrictions, consumers are feeling more confident about their financial future now, according to new research from Vanquis.
The credit card provider’ study found a 20 per cent net decrease in customers concerned about their financial situation. Half of customers (48%) reported feeling worried about their finances at the height of the pandemic in June 2020, compared to 37 per cent in August.
Most people are less worried about their job security too - down from over a third of customers last summer (36%) to one in five in the most recent round of research (20%).
People’s general optimism for the future, which was up from 49 per cent to 56 per cent, may have been accelerated by returning to work from furlough.
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