Quote:
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The Office of Fair Trading released figures yesterday showing that loans amounting to more than £40bn were taken out in 2002 by consumers who wanted to consolidate multiple debts into one large loan.
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Where will it all end ?
Is this the sign of the boom and bust we had back in the eighties ?
I can remember Tony Blair saying that this government was
not about boom and bust, well if it isn't Tony, what is it ?
Credit is all to easily available IMO.
I have just read
this sad story which makes me wonder why people are allowed to get in such a position.
A very sad state of affairs indeed.