Millions More Families Drowning in Debts

Daily MailJune 09, 2005

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Summary


MILLIONS of families are living on the edge of financial ruin as they fall behind on debt repayments.

Evidence is mounting that they simply do not have the cash to meet the bills for luxury items charged to credit.

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Extract


Millions More Families Drowning in Debts

The Royal Bank of Scotland-NatWest group yesterday revealed that card arrears and bad debts are climbing, confirming recent warnings from Barclays, HBOS and HSBC.

The increase in debt follows claims that the bi...

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