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Debt officials warn against 'payday' loans for young in financial trouble after Christmas
Officials have urged young people to seek advice if Christmas has pushed them into unmanageable debt and to avoid taking out high interest 'payday' loans. The warning from the Insolvency Service came as official figures showed a growing mountain of debt among younger people. The number of people taking out Debt Relief Orders (DROs) aged between 25 and 34 is more than any other age group, according to the Insolvency Service....Read more here--: Debt experts warn those in financial trouble after Christmas to seek help | This is MoneyYou must be logged in to post a comment.
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