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Save us from our 20-year debt torment

June 2nd, 2008 by admin

Surely no reputable bank would continue to lend money to people who, short of winning the Lottery, have zero chance of ever repaying it?

What is the point, other than to bully and terrify the borrower? These are the questions Geoff and Bronia Booker are asking of Lloyds TSB.

The Bookers ran into money trouble in the late Eighties. Geoff, now 51, owned a building firm that went bust. What began as a £1,500 overdraft turned into a loan and swelled to a £38,000 debt.
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Courtesy: www.thisismoney.co.uk

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