One in four pensioners are borrowing money without any plan to pay it back, a survey from advisers Sesame suggests.
So, do you intend that the last cheque you write will bounce? Or will you always have something for a rainy day?
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From the BBC
So, do you intend that the last cheque you write will bounce? Or will you always have something for a rainy day? -
Coz they will die before the debt collectos start knocking ! -
Exactly. So do people intend doing similar and spending all their worldly goods, living life to the full in their twilight years or will people always keep some reserves because you don't know how long you'll last?Comment
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in 30 years time i bet my attitude to a lot of things will have changed. I will add this topic to my favourites and get back to you then...--------------------------------------------------------------------------------
SA - Is it like a dragons nostril?Comment
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To the undertaker?Originally posted by PondlifeComment
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http://www.creditaction.org.uk/
NB: the last entry is to July only - wait until Dec result is published. Notice the debt rate increase over the last 6 years?Last edited by hyperD; 15 September 2006, 12:47.If you think my attitude stinks, you should smell my fingers.Comment
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Funny how it's trebled since labour got into power !Comment
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Notice how secured lending has risen compared to other lending.Originally posted by hyperD
http://www.creditaction.org.uk/
NB: the last entry is to July only - wait until Dec result is published. Notice the debt rate increase over the last 6 years?
It just shows massively rising house prices (i.e people taking on huge mortgages).
Since house prices will only ever rise, this is nothing to worry about.
HTHFirst Law of Contracting: Only the strong surviveComment
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It should be going down by the amount I've paid back. I've paid off 10k on two of my cards now.Serving religion with the contempt it deserves...Comment
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