You may be for­ever in debt of rel­a­tives

Harefield Gazette - - OPINION - MRS M T B EARL Hamil­ton Cres­cent South Har­row

I BE­LIEVE read­ers can ben­e­fit from the fol­low­ing in­for­ma­tion taken from Death Debts, That’s Life!

When a loved one dies, it’s pos­si­ble you may be left some­thing to re­mem­ber them by.

Alas, for 24 per cent of peo­ple in the UK it’s a debt of about £1,450, ac­cord­ing to re­search by Per­fect Choice Fu­ner­

Ex­clud­ing mort­gages, 61 per cent of in­her­ited debts were from credit cards, 54 per cent from bank loans, 32 per cent from store cards, 25 per from over­drafts and 18 per cent from pay­day loans.

Yes it’s a sad fact of life, debts don’t van­ish when some­one dies!

In the past, there were no credit cards, store cards, pay­day loans etc.

Then peo­ple lived ac­cord­ing to their means!

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