£1,430,000,000,000 (that’s £1.43 trillion): Britain’s personal debt timebomb

CSJ on The Independent

£1,430,000,000,000 (that’s £1.43 trillion): Britain’s personal debt timebomb

20th November 2013

Average household debt is now £54,000 – double the level a decade ago, despite record low interest rates, and ministers fear that failure to pay back loans and credit will leave thousands at risk of losing their home

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