Make a Christmas List but Stay Out of the Red

Summary


The shops are beginning to put up their Christmas decorations and children are ready to write their lists of musthave presents. So two reports that highlight the extent of the nation's debts are a timely reminder of the dangers of overspending.

There has been a 65 per cent surge in the number of households that fear they won't meet all their bills in the next three months, according to a survey by payment protection insurer CPP Group. And it is not just the young who are struggling with debts.

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Extract


Make a Christmas List but Stay Out of the Red

Research by equity release specialist Economic Lifestyle shows that more than two million people aged over 65 have debts totalling Pounds 8.4 billion, w...

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