Business · 19 January 2026
Credit Company Encouraged Debt Despite Near Debt-Free Status
AI Generated (Gemini)
Experian, a credit-rating firm, faces criticism over its marketing practices. The company reportedly urged a woman close to clearing a £10,000 debt to acquire further high-interest credit cards. Consumer groups voiced worries that such offers from credit-scoring agencies could harm financially at-risk people. Experian stated it is creating a system to spot vulnerable clients and halt marketing emails. They added the offered cards could have reduced debt faster or cheaper. 35 million people in the UK hold credit cards.
Reported by BBC · How we write briefs