Consolidation of existing debts is the main reason that people take out
Sainsbury’s Bank found that more than 40 per cent of its
And home improvements were also a popular reason, accounting for more than a quarter of
Steve Baillie, head of
“People are looking at their credit and consolidation is the number one reason for customers taking out
According to Credit Action statistics, total personal debt in the UK at the end of July 2007 stood at £1,355 billion.
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