Millions of households skip 'essential' bills - while higher earners miss more credit card payments
Millions of households are failing to make essential payments for housing and bills, with higher earners increasingly missing loan and credit repayments.
Data from the consumer website Which? reveals the proportion of missed housing, bill, loan and credit card payments increased to 7.7 per cent in the month to 12 September, the highest level this year.
It means that an estimated 2.2 million households are struggling to meet the cost of these outgoings.
It's a small point, but words such as 'essential' and 'struggling' aren't in the data. We have the data and the trends and are capable of applying the social interpretation ourselves - or not.
Yet no media outfit seems able to resist a few hints about what that social interpretation should be, even if it's only a word or two slipped in here and there.
Yes, a small point, but it goes on and on and on.
Yes, a small point, but it goes on and on and on.
2 comments:
What is sauce for the goose, R from Accounts and the entire UK national debt, is sauce for the gander, the plebs paying for this Black Hole.
We must assume that to eject ourselves from this Black Hole the Government is going to devalue the Pound thus making it easier to pay this vast debt. The banks are going, with Government conivance, to decide that savers must contribute to this huge bale out.
So, being logical, it is much better to be in debt because in the long run you will pay less using devalued pounds. Buy stuff of real lasting value preferably out of reach of her from Accounts. Like Charles Anthony Lynton and his gurning Missus.
Doonhamer - yes, we'll pay for it one way or another. There isn't much stuff of real lasting value though - several tons of tinned food perhaps.
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