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It is a fact you to definitely from the 550,one hundred thousand more folks aged 65 or over got some sort of non-mortgage loans by the end of one’s 2010s, however the count whom unearthed that loans become problematic in reality dropped along side same months.

The new Labour Party studies are likely to increase question many pensioners was battling economically before this year’s pricing-of-way of life fit hit.

A blog post about Show mutual analysis from the Labour class on the pensioner loans, which is lost certain essential framework-as it is a great tweet on the trace Work and Retirement benefits Secretary, Jonathan Ashworth.

This article asserted that regarding the 550,one hundred thousand significantly more pensioners in great britain got “dropped for the financial obligation” ranging from 2010 and you can 2020. This is exactly theoretically correct. Continue reading →