Debt. It’s something we are reading and hearing about more often every day that goes by. With the UK’s debt currently over £1,430bn it is hardly a surprise that more of us are feeling the squeeze and are in need of help.
Did you know that, excluding mortgages, the average household in the United Kingdom is [...]
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Monthly Archives: March 2008
Debt – A Country Wide Problem
More people seeking debt advice
Mortgage and household bill fears have caused a surge in the number of people seeking debt advice from the Citizen’s Advice a BBC report has found.
Its study found that in January and February this year there were 35 per cent more mortgage queries than the same time last year.
Higher household expenses also led to 215,000 [...]
6.5m People forced to consolidate debts
Almost 6.5 million people have had to consolidate their debts in the last three years to keep debts under control, according to research from financial website MoneyExpert.
Its findings showed that 14 per cent of people have moved all of their financial commitments to one lender in the past three years, with a large increase in [...]