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fuck in april 2013 the bank of england announced out of money borrowed by UK consumers that reach 1.4 trillion pounds that's 1.4 million million pounds that's the equivalent of every man woman and child in the UK owing twenty 2530 pounds as soon as you borrow money you're in debt until you have paid back in full including interest the problems start when you cannot meet the agreed repayments we live in a society where borrowing money is the norm credit companies push borrowing by offering you more and more credit now don't often consider whether you'll be able to pay it back debt problems can affect your ability to borrow money in the future including preventing you from being able to get a mortgage the media often portray people being in debt as a result of careless spending and buying too much on credit sometimes this is true there is a lot of influence from advertising and peer pressure to wear the right clothes have the latest gadgets and keep up with the latest trends pressure to

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