Finance Market News and Information

Visit Finance Markets

Debt mountain grows to 1.46 trillion

Posted on July 02, 2009

Britain s mountain of debt continues to grow, with the average adult now owing 132% of their typical earnings.Collectively, UK consumers owe 1.459 trillion, Credit Action revealed this week, equivalent to 30,480 per person.Personal debt on credit cards, store cards, overdrafts, and unsecured loans is also on the rise, increasing to 4,860 per person during the [...]...

Original article link


earnings