Summary
THE personal debt mountain is increasing by Pounds 1million every four minutes, experts warned yesterday.
Huge mortgages are mainly to blame for the soaring levels of debt, with the average size of a new home loan now Pounds 142,000.See the full content of this document
Extract
Personal Debt Is Growing by Pounds 1m Every Four Minutes
A study of Bank of England data by the money education charity Credit Action shows total personal debt stands at Pounds 1,278billion.
With mortgages sec...See the full content of this document
Sponsored links
