Debt time bomb


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Thousands of mineworkers are drowning in debt as garnishee orders mount up and banks and loan sharks call in high-interest repayments in an already explosive situation.
Trade unions claim that more than half of their members in the platinum belt are struggling to get out of debt and have judgments against them – forcing their employers to deduct debt repayments before paying salaries.
For more http://www.timelive.co.za

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