So what’s new?

In the UK over the last five years, personal debt has risen by over 45%. Interest rates and unemployment have stayed at an unprecedented low in that time, so people have had the confidence to borrow more money than ever before. In fact, it is now suggested that combining personal debt with that which is secured against property brings Britain’s total debt to a staggering £1 trillion. Yes, that’s £1,000,000,000,000!!!

And with the UK’s economy still performing well against its main competitors, there is no reason for the growth to slow down. This opens up some fantastic business opportunities for the right sort of candidates who want a piece of the action.

They’re in the money ...business

Julian Richards, Loan Consultant, Picture Financial

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