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The Morning After
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 395 no. 8688 (Jun. 2010)
,
page 6.
Topik:
Consumer Hangover
Fulltext:
The morning after.pdf
(405.95KB)
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.61
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Mr Mitchell tackled his problem before the bailiffs arrived. He took advice and applied for an IVA (individual voluntary arrangement), a British scheme that allows the borrower to negotiate a plan for dealing with his debts. After allowing for essential spending, he now pays £280 a month to his creditors. If his house rises in value over the next five years, he will have to take out a further mortgage to pay back other creditors. But his life is not too constrained: he still has a mobile phone and satellite TV.
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