Debt management weekly round-up

News about graduate debt levels in the future has featured heavily in the news this week, following the publication of Lord Browne's review on higher education.

The National Union of Students (NUS) warns that its members face "crippling levels of debt" after the report suggested removing the cap on fees, which could see people graduating with £30,000 of debt.

This figure could grow for years after graduation too, leading many to seek debt solutions, as Lord Browne believes that a higher level of interest should be paid on the loan too.

In other news, HSBC has discovered that 15 million British adults have less than five days' average pay in their savings, making them perilously close to needing debt help.

And, following warnings of increased debt levels from Moneysupermarket.com this festive season, Atlantic Financial Management's Kevin Still has warned that paying for Christmas on a credit card with a high interest rate could lead to "debt problems and financial difficulties".

Debt management weekly roundup

11/03/2011

The theme of the news in the realm of debt management this week, seems to be about how people with d ...

Debt management weekly roundup

04/03/2011

The big news in the field of personal finance and debt management this week has been the European Co ...

Debt management weekly roundup

25/02/2011

It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...

Debt management weekly roundup

18/02/2011

Debt problems are still rife in the UK in 2011, despite the recession officially ending several mont ...