Personal Debt

September 27, 2006 1:00pm CST
According to todays news in England, individual debt is running at twice that in Europe. Why?
1 response
@MisterR (171)
• Netherlands
27 Sep 06
well i think mainly because the British people buy more and more on the credit card instead of paying it with their debit cards. and the interest has been great to lend in the last couple of years. and the Bank in the UK make it very easy to lend money.