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8% of debtors fall into arrears

Unsecured debt arrears affect just over  8% of debtors Using data from the 2016 Bank of England/NMG household survey, IRN Research found that 4% of consumers have fallen into unsecured debt arrears over the past year, representing 8% of all consumers owing money on an unsecured loan product. The IRN Research brief Consumer Debtor Brief, July 2017  looks at  consumers who have problems repaying their unsecured debts,...

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