Borrowers have a part to play in ensuring unsecured loans and credit card bills do not become unaffordable, an expert has noted.According to the Money Advice Trust, loans and mortgages have been made available to people who did not have the means to pay them back in the past.But with the government announcing new measures to crack down on irresponsible lending, spokesperson for the charity Becky Boden-Wilks argued that "equal responsibility" lies with the consumer."You are the expert of your own situation and you know what your income and outgoings are, you should know what you can afford and can't," she said, adding that cheap credit will no longer be as easy to come by.Ms Boden-Wilks welcomed prime minister Gordon Brown's decision to ban credit card companies from sending unsolicited credit card cheques, but stated that careful planning of credit card spending will still be required.
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