Many Britons Have A `Lax Attitude To Debt` posted on 15 July 2010 | posted in General Category  | ( 0 ) Comments Many Britons display a `lax attitude to debt`, according to Tim Moss, head of loans and debt at moneysupermarket.com. He made the comment in a recent press release looking at debt levels - and borrowers` attitudes to the debts they`re carrying. It found that many people with loans and credit card debts were not concerned about these debts - a mere 15% of them said they`d be worried about missing two or more payments towards those debts. Just 17% would be worried if they fell out with their friends and family over the money they`d borrowed from them. And only 43% of people in debt said they`d be concerned if they couldn`t pay their rent or mortgage. "Missing a payment, whether to a credit card, mortgage or utility provider, can mean serious trouble; not only will consumers increase their overall debt levels, but their chances of obtaining the best credit products in the future will be severely reduced," he said Thanks Tim.   Share this blog entry: Recommend this blog entry to a friend You can follow other blog entries via the RSS feed. You can also leave your own response. Site administrator reserves the right to reject any replies that are deemed inappropriate.

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