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Could debt management reduce car crash fraud?

Could debt management reduce car crash fraud?

Could debt management reduce car crash fraud?Friday 2nd October 2009

Many of Britain's road users would consider acting fraudulently in order to secure some extra cash to help survive the recession.

That is according to recent research from moneysupermarket.com, which has revealed that more than a million of the UK's drivers would think about committing motor insurance fraud in order to get some extra money.

The large number of people willing to break the law highlights the poor financial position many find themselves in - something that speaking to a professional debt advisor could help alleviate.

Head of motor insurance at the price comparison site Steve Sweeney said that although he sympathised with the financial predicament that many people found themselves in, there was no excuse for breaking the law and putting others at risk.

He commented: "Desperate times do often call for desperate measures, but surely this is a step too far for British motorists.

"We have all been affected by the recession in one way or another, but crashing for cash is not only illegal but wilfully endangers the lives of others."

It was also revealed that 340,000 people have already committed motor insurance fraud by staging a car crash.

People that find themselves struggling to cope with the economic effects of the recession should consider speaking to a debt management specialist rather than breaking the law and putting a great deal more than money at stake.

News article brought to you by Debt1 – UK debt management specialists
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