Young and rich trapped in 'debt' spiral

  • 2:55
  • Published On: May 30, 2008
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The emergence of new breed of youngsters in India who earn well and are proud of their success, are now getting used to plastic money and thus finding themselves into a debt trap. Nitika Raheja, a credit card user, is hooked on to plastic money, as she shops till she drops. Many famous brands and fashion accessories are all her weaknesses that come at the cost of swiping the card but she repents the debt trap which these cards are forcing her into.

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