Wednesday, 1 December 2010

I'll die in debt, say one in three

 Nine out of 10 people have run up unsecured debt and many fear they will never be able to pay back what they owe, a survey has claimed.

Around 89pc of people aged between 18 and 35 said they owed money on a credit card, loan or overdraft, the research showed.
A third of people admitted they did not think they would ever be debt-free, 54pc of whom said they would always need to borrow money in order to fund the lifestyle they wanted.
One in five of these people also claimed they were not worried about the possibility of their debts being passed on to their next of kin if they died before they were repaid.
Credit Card Debt is clearly an big issue in United Kingdom, so why doest authority take measures? They do help  us to realise that we dont eat healthy, but a simple warning about credit card debts is missing.

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