He said: ‘Low wage growth. debt. ‘Struggling to meet the basic cost of living means that many working households are forced to turn to credit just to get by. Increasingly this includes extremely.
When it comes to the housing market, latest figures, for the end of 2010, showed that 5.7% of all mortgage accounts were in arrears by more than 90 days, which represents a rise. loans from the.
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politics Home loan arrears on the rise as high debt and low wage growth bite. problem home loans are now at their highest level since the aftermath of the global financial crisis, according to the credit ratings agency Standard and Poor’s Global.. "Tepid wage growth, high household debt.
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