That @The_TUC reporthttps://www.tuc.org.uk/blogs/our-new-government-must-address-burgeoning-household-debt-crisis …
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Especially shitty as it's a (spiteful) change that's pretty much gonna directly hit those with a large overdraft they're already struggling to get out of.
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Yep: how on earth are you supposed to get out of an overdraft that’s costing you hundreds a month?
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What a great way to make sure everyone stays stuck in their overdraft forever!
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Under that system my interest payments would actually go down, but don't tell them that, or they'll find another way to do me.
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Unsecured debt bubbles are capitalism gone mad, run up thousands of pounds of debt, lose all access for credit for 6 years, records scrubbed and then free to do it again.
And rinse and repeat. 2008 will look like a blip compared to the next one.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Oligopoly me thinks??
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It’s cost people I know that have maxed their overdraft since becoming disabled, can’t pay it back & survive, and bank summarily closing their account so unable to receive disability benefits. Barclays, I’m looking side-eye at you!!!
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