Debts in the economy and personally are going to end badly. There is so much government and corporate debt, plus family debt, means that if the Fed were to raise interest rates – nobody would be able to afford repayments.
Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis.
Personal debt is distressing for those who carry the burden of credit card debt or HMRC liabilities, it impacts both mentally and emotionally. Learn how an IVA service can help give you a fresh start and remove your stress.
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