Young Women 'Drowning in a Tide of Debt' ; Disastrous Legacy of 'Spend Now, Pay Later'

Daily MailNovember 17, 2005

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Summary


THE number of young Scots women swamped by debt has surged to an all- time high through the rise of the 'spend now, pay later' culture.

The total of women facing financial ruin has more than doubled in only three years.

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Extract


Young Women 'Drowning in a Tide of Debt' ; Disastrous Legacy of 'Spend Now, Pay Later'

A new study offers a grim picture of the number of women in Scotland who go bankrupt or enter a legal repayment plan with creditors.

The increase in money troubles, with personal debt topping Pounds 1,000billion, is ...

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