Women in 'Binge-Debt' Crisis

Summary


WOMEN in the UK are saddled with significantly more debt than men. New research from financial expert Sesame reveals that, on average, women over 35 owe GBP 8,219, compared with the GBP 3,436 borrowed by their male counterparts - a massive 139 per cent difference.

Yet, more than one in three women - 38 per cent - are not worried about how they will repay debts in the longer term, despite one in two female respondents - 57 per cent - admitting they would feel embarrassed if people found out they were in debt at all.

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Extract


Women in 'Binge-Debt' Crisis

The findings are part of the Sesame Debt Survey 2006...

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