How many hours do you have to work to pay off your debt?

Figures released by the Consumer Credit Counselling Service (CCCS) suggest that their average client has to work until 4pm on a Wednesday each week just to earn enough money to repay their unsecured debts.

The average person contacting CCCS in 2010 owed a total of £22,476 in unsecured debt, and faced a monthly bill of £675.52 simply to meet repayments.

 

Source: Credit Action July 2011 edition

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