‘Debt’ News
Bankruptcy Rate Worsening
Posted 2008-01-2
High credit card bills and increasing mortgage payments are at the root of the problem for many people forced to declare bankruptcy this year. In the past, people have enjoyed easy access to cheap credit, but that trend looks...
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8.2 million indebted Brits urged not to panic
Posted 2007-10-10
Credit reference agency Callcredit is advising people with high levels of debt to take control of their finances by contacting a debt advice service, creating a sensible budget and shopping around for the best possible debt consolidation and credit deals,...
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Men carry average 20% more debt than women
Posted 2007-10-8
On average, the number of men looking for assistance to manage their debt, have 20% more to unburden themselves as women. Percentage-wise, men will also need a longer period of time to clear their debt, according to debt management firm...