Citizens' Advice are warning that the UK faces a debt crisis, which threatens to ruin the lives of many.
Their research shows personal debt problems threaten to overwhelm large numbers of people; this was the message at a debt conference organised by the Conservatives.
Citizens Advice has seen a 44% increase in debt problems in the past six years, and its 2,800 offices deal with over one million new debt enquiries a year.
The expected £40BN shortfall on mis-sold endowment polices will hardly help this situation.
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