Middle class debt
Middle Britain has been hit by a devastating debt crisis, experts have said, with even apparently well-off people with good jobs plunged into the red.
The figures on those looking for some help come from Transact, which runs 1,200 debt advice centres across the country. Their spokesman, James Elliott, said they were seeing a new type of client.
‘In the past it was almost uniquely people on benefits, people in social housing, who went to debt advice agencies,’ he said. ‘Since the credit crunch started they are seeing a big increase in professional people and homeowners - people who have been pushed over the edge and now can’t cope with their outgoings.
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