Archives for 20 April 2007
A&L: Vast majority of households have manageable debt
The majority of households in the UK have manageable levels of debt, according to latest research from Alliance & Leicester.
As reported yesterday, the bank’s Borrowing Monitor found people in debt are most likely to be in their 30s. The monitor also stated that the rest of the population have average, but well-controlled borrowing.
However, the […]
People in 30s ‘more likely to be in debt’
New research suggests that consumers in their 30s are more likely to be in debt than those from other age groups.
Alliance & Leicester’s latest Borrowing Monitor suggests that people in their 30s are more susceptible to missing debt repayments than those in other age groups.
It also found that they have larger average unsecured debts, […]