Many of the country’s debt problems could have been avoided if people had more
Mr Falla, director of debt counselling service Thomas Charles & Co, explained that this is particularly the case with people expressing concern that there are no cheap rates on
“If people had some
Mr Falla expressed concern with the lack of
It is very important for young people to begin putting money away to avoid future debt problems, he said.
His comments follow research by CSV which found that 48 per cent of survey respondents aged between 16 and 25 regard debt as one of their biggest fears for the future.
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