Dispatches: Christmas Credit Crisis

 Record ID: 130386
  • Title: Dispatches: Christmas Credit Crisis
  • Date: 10th December 2007
  • Summary: This Christmas,shoppers are expected to spend ÌøåÀå?31 billion on the High Street. Over ÌøåÀå?7 billion of that will be on plastic. But has this British addiction to borrowing got out of hand? With higher interest rates and the UK banks burnt by the global credit crunch,reporter Tazeen Ahmad investigates the unsettling implications for those who've borrowed too much. As house repossessions and mortgage defaults continues to soar,is Britain's ÌøåÀå?1 trillion pounds credit timebomb about to explode? How responsible were the high street banks in allowing people to borrow so much on plastic? The programme also examines the methods the credit card companies used to target vulnerable consumers,and uncovers the hidden tricks used to charge customers more money.
  • Description:With higher interest rates and the UK banks burnt by the global credit crunch,reporter Tazeen Ahmad investigates the unsettling implications for those who've borrowed too much.
  • Broadcaster:Channel 4
  • Genre:Documentary and Factual
  • Producer:Wall To Wall Media Ltd.
  • Original UID:44644/001
  • Programme Episode:Episode 1
  • Transmission Date:10/12/2007
  • Rights:On Request
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