Wednesday, Oct 17, 2007

Sub-Prime UK now on Plastic

Metro - London Freesheet: 1m use plastic to pay mortgage

Seems that the UK house of cards is now held up with with plastic never-never threads. The article reads:

"More than 1million people use high-interest credit cards to cover their mortgage or rent payments, debt experts say.
Six per cent of householders have turned to plastic to pay for the roof over their heads during the past year, according to housing charity Shelter."

Posted by hyrax @ 01:27 AM (182 views) Add Comment

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