One in Five People Now Owe Unsecured Debts of Over Pounds 10,000

Summary


Debt levels are continuing to spiral, with one in five people now owing unsecured debts of more than pounds 10,000, according to a survey.

The survey from debt consultancy Thomas Charles showed the number of adults in the UK with debts of pounds 10,000 rose by almost a quarter of a million to 8.4 million in the six months to end of October.

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Extract


One in Five People Now Owe Unsecured Debts of Over Pounds 10,000

The research also uncovered a worrying increase in the number of people struggling to meet ...

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