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Category: Archive

Growth in personal debt seen as threat

February 17, 2011

By Staff Reporter

In estimating disposable income, allowances were made for bills and mortgages, but at 20 percent, the proportion is creeping closer to that of counties that carry large average personal debts, such as the UK and U.S.
Central Bank reported a six-fold increase in outstanding household debt since 1995, totaling at

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