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Write off up to 75% with help from Government Legislation

Write off up to 75%
with help from
Government Legislation

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About Your Debt

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Newly published figures have revealed Britons owe £216 billion through unsecured loans and credit cards.

The Bank of England’s most recent statistics show the country is becoming indebted by a further £15 million every hour, the Metro reports.

Moira Haynes, spokesperson for Citizen’s Advice, told the newspaper: "There [is] a lot of evidence showing people have overcommitted themselves. People are getting credit and it’s clear they are not able to afford it."

Recent figures from Citizen’s Advice revealed money worries now account for one in three of all enquiries and its advisers are dealing with more than 6,600 debt problems every day.

The charity’s chief executive David Harker said that a growing number of people are paying the price of Britain’s credit boom and are being "overwhelmed" by serious debt.

He called for creditors to be more prepared to negotiate with those in debt and do more to ensure borrowers are in a position to make repayments.

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