Debt Facts
Home » Debt » Debt Facts
If you are in debt you are not alone. People in the UK collectively owe over £1trillion. This is equivalent to nearly £5,000 for every man, woman and child in the country - and the debt is increasing!
The problem of debt
Read some of the articles below to appreciate how many of us have a debt problem. Then contact us and let us help you. We will advise you on the best way forward from a range of possible solutions.
Articles on Debt
- Debt soars by 70%
- Explosion in number of bankrupts
- Warning of Debt Disaster
- Credit can be a risky business
- Spend it like Beckham
- The bankruptcy boom
- Flog one of your kidneys?
- MPs blast credit card chiefs
- We owe £4,500 each
- Crackdown on credit
- £1trillion of debt
- HBOS hit as arrears rise to £1.7bn
- Credit card meltdown
- Store cards enquiry
- Record credit card debts
- Debt crunch will help experts
- Shoppers pile up debt
- Millions drowning in debt
- Borrow £1m every 4 minutes
- Debt consolidation loan
- Credit card debt
- Managing a single debt
Debt crunch will help the experts
Debt is one business that is booming. This is good news for specialist debt advisers. The biggest setback would be a sudden easing in borrowing problems. But with personal debt topping £1,000bn, that looks unlikely.
Personal bankruptcies rose 26pc to more than 13,000 in the quarter to March. Experts expect more than 50,000 this year.
Individual voluntary arrangements (IVAs) with creditors are rising at 40pc a year.
(Daily Mail Saturday 14th May 2005)
Latest News
Brits 'will go green to cut costs'
30 June 2008
Millions 'relying on inheritance'
27 June 2008
Rise in 'distressed borrowing' forecast
26 June 2008
About MoneySolve | Contact Us | IVA Help
Use our calculator to see how much you can reduce your payments by
Mrs Williams from Gateshead
