Householders are being warned against using their credit cards to pay for rent and mortgages as housing charity Shelter have called it the ‘worst possible course of action,’ wanting those involved to focus on the importance of credit card debt management.

By using this form of payment, the organisation believes that it is a slippery slope into debt as more and more people are struggling with the demands of home loans and subsequently credit card bills. Furthermore, Shelter are urging those suffering financially to look for debt help at the earliest opportunity and prompting those who are having problems to seek debt advice.

Campbell Robb, chief executive of Shelter explains the severity of the problem yet once again expressing the importance of taking action at the first signs of financial worry, “Already someone faces the nightmare of losing their home every two minutes, and we would urge every single one of these people now relying on credit to keep their home to seek advice urgently.”