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Oh Dear: Britain's streets of debt: Borrowers beware

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    Oh Dear: Britain's streets of debt: Borrowers beware

    http://news.bbc.co.uk/1/hi/business/5030820.stm

    "Debt has soared in Britain in recent years, and home ownership is a key part of that trend. We owe close to £1 trillion in mortgages alone.",


    http://news.bbc.co.uk/1/hi/business/4621002.stm

    'Caller deluge hits debt helplines ',


    Milan.

    #2
    Why do you care? You've already escaped.

    I thought you'd just sit back and chuckle at the headlines?

    Comment


      #3
      Originally posted by DimPrawn
      Why do you care? You've already escaped.

      I thought you'd just sit back and chuckle at the headlines?

      One has to chuckle at somone paying 40% interest to be honest...

      Rule #76: No excuses. Play like a champion.

      Comment


        #4
        Originally posted by Xenophon
        One has to chuckle at somone paying 40% interest to be honest...

        Should have been wrote off as midadventure, poor woman. Bet she thought, ah its only 2.5 grand, I'll soon pay this off !! 18 YEARS later she's fighting to keep her house !!, sick...............

        Comment


          #5
          Originally posted by lORD lUCAN
          Should have been wrote off as midadventure, poor woman. Bet she thought, ah its only 2.5 grand, I'll soon pay this off !! 18 YEARS later she's fighting to keep her house !!, sick...............
          Agreed. The guys that do this sort of thing are, in the words of Alan Partridge, scum, sub-human scum.
          Rule #76: No excuses. Play like a champion.

          Comment


            #6
            Originally posted by milanbenes
            £1 trillion in mortgages alone.
            Doom and gloom. As long as there is no property price crash then these mortgages are secured against £3 trillion in property.
            I am not qualified to give the above advice!

            The original point and click interface by
            Smith and Wesson.

            Step back, have a think and adjust my own own attitude from time to time

            Comment

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