Economics

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Saturday 10 December 2011

The £10,000 debt burden of the average family (and that doesn't include £1.24trillion in mortgages)

Families are approaching Christmas weighed down by average debts of more than £10,500.

The huge sums – which come on top of mortgages – generate punishing interest and penalty charges at a time when people need every penny to cover essential bills for food, heat, light and transport...more

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