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Debt management weekly round-up

24/09/2010











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Money issues have been coming at Britons from all angles this week, which will lead many towards considering debt management help.

The Council of Mortgage Lenders (CML) have shown that four out of five people think that debt is preventing more young people from buying a house, whilst LSL Property Services has revealed that the average rent level is at a two-year peak.

The Bank of England has also released its quarterly report, which shows that unsecured lending rates have remained much higher than the base rate.

This increases the chances of people with credit card debts needing to find debt solutions.

Not shopping around for your home phone service could lead to you needing debt help too, after uSwitch reminded consumers about BT and TalkTalk upping their prices from next month.

And discount website Groupola.com has called into question people's debt management skills, after revealing that a quarter (24 per cent) of people say that they can't live without their overdraft facility.
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