Archives for 8 May 2007
Brits ‘unphased by five-figure debts’
Millions of Britons have said that they would only start worrying about debts once they passed a figure of £15,000, according to research.
The latest survey from CreditExpert.co.uk further states that consumers would only start to get concerned about their repayments once they surpassed £50,000.
It also found that consumer confidence is now at an […]
Brits ‘unphased by five-figure debts’
People are falling into debt despite being aware of the associated risks, according to one expert.
Jonathan Said, senior economist at the Centre for Economic Business and Research, states that one would expect consumers to become more conscious of the risks associated with debt as time progresses.
However, he adds that many appear “to be […]