Financial Times FT.com

How the cards are cut

By Patrick Jenkins, Francesco Guerrera and Saskia Scholtes

Published: July 26 2009 18:30 | Last updated: July 26 2009 18:30

Cridit cards

Mick Longfellow is teetering on the edge of financial chaos. A dedicated teacher married to an equally hard-working nurse, living in a modest house in Newcastle in the north-east of England, the pair spent the past decade treating themselves to gadgets, gizmos and home upgrades.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this