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What is an unsecured debt?

One of the UK's largest debt charities says its clients owed more than four and a half billion pounds in unsecured debt in 2017. The figure comes from exclusive research shown to You & Yours by Stepchange. They say on average each person owed more than 13 thousand pounds. Reporter Jess Quayle has been looking at the figures, and explains what unsecured debt is.

First broadcast on You & Yours, 2 April 2018.

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Duration:

4 minutes

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