Credit unions have asked the assembly to curb careless borrowing
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Personal debt levels in Northern Ireland are spiralling out of control, the Irish League of Credit Unions has said.
The organisation said the assembly executive would face a social crisis if action was not taken to tackle the problem.
League president Uel Adair has called on the executive to put a cap on the amount people can borrow.
Mr Adair said people borrowed money without "looking at the bottom line".
"People who are being, what I would say, given the promised land, are being told that if you borrow this particular money, we will always be here for you," he said.
"People who haven't got a lot will seize at any opportunity to actually take that particular money even though they don't look at what the bottom line is.
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