Consumer debt agency the Consumer Credit Counselling Service (CCCS) has published alarming figures on the level of the nation's credit card debt problems. Debt Management company, Debt Options give their reaction.
UK inflation is expected to hit double the target rate in 2011, according to projections. Debt management company Debt Options give their reaction and how people can mitigate debt problems.
A period of high personal expenditure, debt from Christmas spending can often stretch out into coming years, or even months. Personal Debt management company Debt Options give their reaction.
Debt Options UK react to news from Credit Action that figures for March and April 2010 show that one person in the UK becomes insolvent or bankrupt every 3.69 minutes.
Consumers facing overwhelming debts are being given a helping hand by a major new website launched by Debt Options. The site has crucial information on all of the UK's most commonly used legal solutions: IVAs, Debt Management Plans, Trust Deeds & Bankruptcy.