The Debt Just Won’t Die!

According to a survey by of almost two thousand 18 to 35 year olds, 98pc said they think they’ll still be in debt on their death bed.

Eight out of ten of those asked said they thought it was far too easy to borrow money through their bank, or on credit cards.

Other points revealed in the survey were:

  • 54pc thought they would always need to borrow money in order to fund the lifestyle they wanted.

  • Just over half who owed money did not feel in control of their debt.

  • 8pc admitted they had needed to ask for help with repayments from a friend or family member.

  • One in five also claimed they were not worried about the possibility of their debts being passed on to their next of kin.

Isn’t it good to know we’ll be leaving this world in such safe and positive hands.

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