'Debt Index' - record high

October 2006
Credit Management;Oct2006, p12
Trade Publication
The article reports on the Debt Index introduced by the TDX Group for the first quarter of 2006. Its main feature is its capacity to look at overall levels of personal indebtedness and its subsequent effect on the Great Britain's creditors and the economy as a whole. It could also see a general reduction in consumer debt levels. Moreover, the index debt could likewise compare levels of consumer debt to that of last quarter, enabling debt patterns to be observed. With £36 billion of debt likely to be disposed for the year, the debt sale is expected to help reverse the negative trend.


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