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UK Finance Explainer: The Debt Trap
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Created January 3, 2026About this video
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Video Transcript
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This costs the average Brit one hundred and forty-seven thousand pounds. This isn’t coffee
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or takeaways. It’s high-interest debt and paying only the minimum. A few percent
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interest, repeated for years, quietly compounds into six figures. Save this avoiding
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this one habit changes everything.
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