December 3, 2008
Are you 1 in 6?
Story link: Are you 1 in 6?
It’s shocking to see the debt per UK adult is at almost double of what it was in 2000. Maybe the tightening of lending criteria is financial viable for the future as 1 in 6 are wondering whether they can actually pay off debts they have accrued.
The professional services firm’s data showed that one in five Britons are concerned about the availability of credit in months to come.
Although so many consumers may be unable to meet their commitments, few are considering options to restructure their debt, the survey found.
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