Take-Home Pay “Not Enough”
Posted in General Debt News on February 12th, 2008Warning: mysql_connect() [function.mysql-connect]: Lost connection to MySQL server at 'reading initial communication packet', system error: 110 in /home/debtsort/public_html/debt-blog/wp-content/plugins/linkage/linkage.php on line 13
Warning: mysql_select_db(): supplied argument is not a valid MySQL-Link resource in /home/debtsort/public_html/debt-blog/wp-content/plugins/linkage/linkage.php on line 14
Warning: mysql_query(): supplied argument is not a valid MySQL-Link resource in /home/debtsort/public_html/debt-blog/wp-content/plugins/linkage/linkage.php on line 16
Warning: mysql_fetch_row(): supplied argument is not a valid MySQL result resource in /home/debtsort/public_html/debt-blog/wp-content/plugins/linkage/linkage.php on line 17
Warning: Invalid argument supplied for foreach() in /home/debtsort/public_html/debt-blog/wp-content/plugins/linkage/linkage.php on line 22
KPMG, one of the biggest accounting firms, is warning that more than 10 million people may default on credit repayments before the end of 2008.
Millions of people may have to come to terms that their take-home pay is not enough to service repayments on mortgages, personal loans and credit cards