Over two million households are taking out loans from door-to-door salesmen…
Over two million households are taking out loans from door-to-door salesmen at rates of up to 200 per cent according to a Save the Children report.
Figures show that millions of families are being targeted by these companies, with as many as 2.3 million using these [...]
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Monthly Archives: December 2007
Families hit by doorstep debt
Chiltern Debt Monitor October 07
The impact of a tightening credit market and interest rate rises is creating a greater interest in debt management programmes but too many consumers are still struggling with their debts…
Average level of debt: £26,537 Average age of debtor: 43 Yearly gross income: £23,416 Male: 42% Female: 58% Average number of creditors: [...]
Millions failing to cope with debts
Nearly six million people may need to go into further debt just to meet their living costs
Nearly six million people may need to go into further debt just to meet their living costs according to a survey by online comparison site uSwitch.
It found that 13 per cent of people surveyed would use debt to fund [...]