‘EXTREME debt is becoming a problem for more and more British people, who owe sums running into six figures, the country’s biggest debt management charity has warned.

In a survey of its 60,000 clients, the Consumer Credit Counselling Service (CCCS) found that more than 800 people had loans totalling £100,000 or more. One person was nearly £1 million in debt.

Details of the survey, released on BBC Radio 4’s Today programme, showed that nearly 2,500 people owed sums worth 66 times their monthly income or more.’

Read more at Survey finds levels of UK debt soaring

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