A large proportion of consumers are turning to financial tools including credit cards and overdrafts to deal with the ongoing cost-of-living crisis, according to a report from banking platform Yapily.
The research reveals that almost nine in 10 shoppers have used money-saving or money-management products and services over the last year.
This includes more than two thirds of people using bill management and credit score tracking, while 63% said they had started to use budgeting apps.
