Credit-card debt increases among elderly Americans - 2004-04-03
More and more elderly Americans are using plastic to pay for their golden years.

People 65 and older have substantially higher credit-card debt than in prior years, on average, and more of them are declaring bankruptcy.

Among those with incomes under $50,000 -- a very large majority -- one in five families was in ''debt hardship.'' That means they spent more than 40 percent of their income on debt payments, including mortgages.
Read the full story at Miami Herald

Mortgage Endowment: Six ways to quickly lose £30bn - 2004-04-03
Millions of homeowners who purchased endowment* mortgages in the Eighties and Nineties are being denied compensation as the reality of huge shortfalls plunges them into financial crisis.

A Financial Mail investigation reveals that companies involved in the mis-selling* scandal are using tactics - both legitimate and questionable - to avoid paying. And even the Financial Ombudsman, the last hope for many beleaguered families, is under fire.
Read the full story at This Is Money