TITLE

'Debt Index' - record high

PUB. DATE
October 2006
SOURCE
Credit Management;Oct2006, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
22533435

 

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