
Unsecured debt levels fell by £120 million pounds last month.
That's the headline for new Bank of England data on unsecured debts.
But debt solutions expert, Atlantic, is warning that actually this figure is a mere drop in the ocean in the context of the total value of debt owed and there shouldn't be any complacency about the size of the debt problem the country's consumers are facing.
Atlantic is warning that many Britons remain unable to pay off their unsecured debt due to financial restraints placed upon them by the recession and its subsequent fall-out.
Many consumers have not had a pay rise so far this year, with little chance of one now, yet many of the daily costs they face have risen.
These people may want to look into getting debt help from a debt management company in order to pay off what they owe.

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