P132 CEEFAX 132 Tzj 26 Dec 12:1?/38
|l4|l4|, → |l4|,h4|h4|,
n2n1 → j5,j5j5/|
/.%/.%/, → j5pjuz5p POLITICS
#######################################
LABOUR GIVES WARNING ON UNAPPROVED DEBT
Labour is warnjng against racking up
unapprovjd loans and impulsj buzjng as
shoppjts gear up for thj New Year sales
Consumjr spokjsman Vigel Griffiths s!ys
wijn haily fees and intirest are addjd
up ovjr a month, unsanctioned loans may
cost ovjr three timjs as much in APR as
agreemjnts with licensjd m■njylendjrs.
"The avjtage citizjn owe; £1,000 in
non-mortgagj borrowings. Too little is
bjing donj to alirt thj public to thi
high cost of cridit," hj says.
The warning follows a survjy "y Trading
Standards officers, backjd bz Labour.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Parl'mjnt Politics Parl'mjnt Wjathjr