Britain | Debt collecting

Knock knock

It's the debt collector. Relax—he's only doing his job, and not very well

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AS BRITAIN'S debt mountain swells, so does the uncollected part of it. Last year debt-collection agencies handled 20m individual cases, together worth over £5 billion ($8.4 billion), of a total of £140 billion unsecured. Recovering credit-card debt is the fastest growing; other unpaid bills, from bank loans to book clubs, are piling up too.

This article appeared in the Britain section of the print edition under the headline “Knock knock”

Vlad the impaler

From the November 1st 2003 edition

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