Borrowers take on debt to pay off bills - 2003-08-27
Almost one in four people are resorting to loans and credit cards just to pay their household bills or meet day-to-day living costs, research said today.
According to accountancy firm KPMG, just over half of the 2,000 people questioned owed up to £10,000, excluding their mortgage, while 16% had accumulated debts of between £10,00 and £40,000.
Read the full story at Guardian Unlimited