This book is about debt - a situation which affects a large and
growing number of people. In Britain alone in 1986 more than 2
million people were sued for debt in the county courts. But debt
cannot be understood apart from credit, and the 1980s have seen a
substantial increase in the amount of credit available.
In The Indebted Society Janet Ford gives both an overview of the
contemporary credit and debt society and a discussion of the
borrower's experience and management of debt. As well as providing
a critical examination of the growth and changing structure of
credit provision, describing the social and economic base for such
growth, and considering explanations for the emergence of default
and contemporary attitudes to debt, she also presents a detailed
study of forty households with mortgage arrears, placing these
personal histories within the broader structure of a credit and
debt society.
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