Universal Credit Brits should have old debts WRITTEN OFF, experts say

Natasha ClarkBRITS on Universal Credit should have billions of pounds worth of old debts written off, experts have said today.

Ministers are urged to write off billions of pounds of debts from years ago, or slow down the repayments. Many don't even realise they have such huge sums to pay back when they go over onto the flagship new system.Former Tory leader Iain Duncan Smith told The Sun last night: "This historic debt is quite wrong, and they should write it off."As soon as they go onto it, suddenly they are getting it clawed back off them.The report also argues that the five-week wait - which The Sun has been campaigning to cut down - is far too long.

Source: Loan Digest (loandigest.net)

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