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Debt

Rising interest rates mean record numbers of Brits are now facing debt problems.

Realising you have a debt problem or are relying too heavily on credit cards or loans to make ends meet is the first step to regaining stability.

myfinances.co.uk provides independent information on the issues and effects of debts as well as on the way forward.

Short term loans

Britons lending their friends £510m a year
Britons are handing £510 million a year in loans to their friends and family. More...

Bad credit loans

Credit refusals up in 2007
The number of Brits refused credit last year rose as borrowing became harder. More...

Debt consolidation loans

Debts forcing 6.5m to consolidation loans
As many as 6.5 million people have turned to consolidation loans to deal with debts over the last three years. More...

Debt management

Bankruptcy rises
Nearly 18,000 people faced bankruptcy in the first the quarter of 2008. More...

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