Managing debt – with the ‘nice decade’ behind us
Following Mervyn King’s warning that “the nice decade is behind us”, a debt management company has reminded borrowers that any major change in circumstance, whether personal or national, should prompt them to review the way they manage their debts. “Even in good times, managing debt isn’t always easy,” says a spokesperson for the company, “but the Governor of the Bank of England reminds us that those good times could be over – and that the economic worries of the nation will directly affect
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Tags: Bank, Bank of England, Borrower, Debt, Personal