payment holiday than households without children. A new survey by comparethemarket.com into the financial impact of coronavirus found that around one in five families with children at home have taken a payment holiday.
That contrasts with around one in 10 households without children at home. Common debt payment freezes people have requested include mortgage payments and other household bills, credit card debts and personal loans.
On top of payment holidays, 11 per cent of families with children at home have taken out additional debt such as credit cards or personal loans to manage their finances during the pandemic, the survey from May 29 to 31 found.