Debt management weekly round-up
10/12/2010There's no prizes for guessing that Christmas debt problems was the subject dominating debt news, this week.
People in Britain are said to be unwilling to let debt problems get the better of them as they look to fund the cost of Christmas.
70 per cent of people say they're ready and willing to cut their spending over the festive period.
New research by the Co-operative Bank, shows celebrations over the Christmas week are the biggest debt reasons - with 29 per cent of people say they’ll hold back when it comes to partying.
And new research by NS&I shows that more than one third of people in the UK say they'll be making their own presents and decorations for Christmas 2010.
NS&I calculate this could be saving them as much as £108 in debt relief.
Finally, almost one in five consumers living in the UK expect to receive some sort of cash gift this Christmas, yet only a small proportion will use it to help their debt problems.
The survey by First Direct finds that almost 19 per cent of people expect to receive money as a gift this year, with the typical amount being £61 each. 
Debt management weekly roundup
11/03/2011The theme of the news in the realm of debt management this week, seems to be about how people with d ...
Debt management weekly roundup
04/03/2011The big news in the field of personal finance and debt management this week has been the European Co ...
Debt management weekly roundup
25/02/2011It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...
Debt management weekly roundup
18/02/2011Debt problems are still rife in the UK in 2011, despite the recession officially ending several mont ...
