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Debt is 'Way of Life' for Today's Teenagers

14/02/2007

The Personal Finance Education Group (PFEG) said that half of children had been in debt by the time they were 17, while many had a "worryingly laidback" attitude towards debt and spending.

Wendy van den Hende, the charity's chief executive, said its survey of teenagers showed "how seamlessly they appear to be drifting towards an adulthood of debt".

Full Daily Telegraph article.

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