Head over heels in debt? |
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| Authors: | Chris Tapp |
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| Affiliation: | Associate Director of Credit Action, a national money educational charity established in 1994. |
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| Abstract: | The average household in the UK is in debt to the tune of nearly £9000—and that is not including the mortgage. Consumer borrowing, on credit cards, car and retail finance deals, overdrafts and unsecured personal loans was £4525 per average UK adult at the end of February 2007. Are we drowning in debt? Chris Tapp , Associate Director of Credit Action, reports. |
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