Whilst many people on lower incomes and bad credit have been struggling to meet loan and debt repayments for years, it seems that the global credit crunch has resulted in a new breed of consumers now struggling to make ends meet when it comes to their finances. According to a recent report more and more middle class consumers living in fairly affluent areas with their own homes are now struggling to keep on top of debt and loan repayments. (more…)
Tags: debt, middle class, loan repayments