Simon Read

Lenders are forcing people into a vicious cycle of deepening debt

When you drift into debt, it’s not easy to get out of it. Many end up in financial trouble for years because, instead of confronting their problems, they meander on paying a little bit back here and there.

For many it becomes a way of life. I interviewed a lot of different people about their finances for a television programme this year and one of the first questions I asked was ‘what debt do you have?’.

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