Loan spree as personal debt rises to E5,800

Ian Guider

Tue, 12 Jul, 2005 - 01:00

The amount owed by individuals, which excludes mortgage debt, rose by E700 from 2004 with more people prepared to borrow to fund their lifestyle.

The number of people taking out loans rose from 33% of the population in June 2004 to 36% this year.

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