The Debtor's Road to Ruin ; Personal Finance

Summary


One in four people who take out a debt consolidation loan go on to run up more debts, a survey claimed today.

Nearly a third of all personal loans taken out during the past year were for debt consolidation, according to comparison website uSwitch.com.

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Extract


The Debtor's Road to Ruin ; Personal Finance

But they said 26 per cent of these people went on t...

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