Emigrating

[Pepsimax]

How do people emigrate owing thousands of pounds on lonas, etc. Who pays for this, or are they ordered to return to the UK and pay off their debt?

[dzug]

Who pays for it depends on how you look at it.

The owners/shareholders of the company that lent the money pay in the form of reduced profits.

But they will have built a level of default into their prices - so honest customers of the same company are paying.

This will filter through into higher interest rates generally - so anyone who borrows pays.

This will filter through into higher prices for everything, so anyone who buys anything pays.

'ordered to return to the UK and pay off their debt' - ROTFL