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May, 2007

• Holiday spending `sends travellers into debt` [31/05/2007]
  Millions of Britons get into debt when paying for their holidays, according to new research.
• Debt `is not the biggest cause of misery for Britons` [30/05/2007]
  Despite numerous news stories about the rising debt crisis in Britain, financial problems are not the biggest cause of emotional
• County court judgments for debt `rise again` [30/05/2007]
  The number of county court judgements (CCJs) given to people who have not paid their debts has risen again, according
• Conference addresses debt crisis [29/05/2007]
  A conference met today to address the rising debt crisis in the UK, it has emerged.
• Money management `key to clearing debt` [25/05/2007]
  Money management is the key to getting out of debt effectively, according to advice given by Sky News.
• `Significant` number of people in bad financial position [25/05/2007]
  A large number of Britons are in a vulnerable situation with their finances, an analyst has said.
• `Slowing` consumer credit in the UK [24/05/2007]
  High levels of personal debt seem to have finally pushed Britons to ease their borrowing, according to new research.
• Credit card companies `use fees to reduce debts` [24/05/2007]
  Credit card companies could soon be increasing their fees to customers to make up for the bad debts they have
• Church of Scotland warns about gambling debt [22/05/2007]
  The Church of Scotland has called gambling the new "opium of the people", suggesting that it causes widespread problems such
• Children `should be protected from their parents` debt` [21/05/2007]
  People with high levels of debt should ensure that they make provisions to protect their children from inheriting their financial
• Retail therapy `leads to debt` [21/05/2007]
  Britons tend to head to the shops when they are stressed out, leading to high levels of debt, according to
• Increasing rents `could mean debt for tenants` [18/05/2007]
  New figures revealing that buy-to-let landlords are continuing to raise rents could lead to debt problems for affected tenants.
• Pay rise anticipation `leads to debt` [17/05/2007]
  Millions of people who are anticipating a pay rise or bonus end up overspending before they actually receive the windfall,
• Luxury purchases `leave Britons with debt` [16/05/2007]
  Britons have developed a taste for the finer things, such a luxury holidays, gourmet food and champagne, according to new
• Tenants with arrears `at the end of the queue` [15/05/2007]
  Tenants in Kirklees with current or previous arrears will have obstacles to obtaining council houses, according to a cabinet member.
• People `avoid debt by borrowing responsibly` [15/05/2007]
  People are becoming more responsible with their credit cards, which helps them avoid debt, the spokesperson for the UK trade
• Financial education `needed to reduce debt` [14/05/2007]
  Financial education could be the key to preventing financial problems and reducing high levels of debt, a charity said today.
• Britons `remain tight-lipped about financial problems` [11/05/2007]
  Many Britons do not discuss financial matters with their friends and families, according to new research.
• Britons `react passively to debts` [11/05/2007]
  Many Britons avoid paying their bills on time and some even ignore them altogether, according to new research.
• Interest rate rise `bad for debtors` [11/05/2007]
  Yesterday`s decision by the Bank of England`s monetary policy committee (MPC) to raise interest rates will negatively affect those with
• `Fewer families have money left after debt payments` [10/05/2007]
  Fewer families are finding themselves with money left to spend after making all their debt repayments, a wealth management expert
• Divorcees `could have assets claimed for ex-spouse`s debt` [10/05/2007]
  Millions of divorcees could face having their assets taken to repay debts owed by their former spouse, a landmark high
• Debt consolidation `can be a lifeline` [09/05/2007]
  Taking out a consolidation loan to clear debt can be a "lifeline" if used properly, a financial education website claimed
• Britons `afraid of inheriting debt` [09/05/2007]
  Many in the younger generation are afraid that they will inherit debt from the parents, according to new research.
• Lib Dems condemn "staggering" debt figures [08/05/2007]
  The Liberal Democrats spoke out today about the most recent UK insolvency figures, saying that they indicate how deeply Britons
• Insolvencies `hit record high` [08/05/2007]
  Insolvencies among individuals have hit a record high in the UK, according to new figures published today.
• Bankruptcy and debt `embarrassing life situations` [04/05/2007]
  Despite the rising level of debt shared by many in Britain, some still view declaring bankruptcy and getting into debt
• Younger generation `accepts debt` [03/05/2007]
  People under 25 years of age are more accepting of debt than the older generation, according to new research.
• Millions of Britons `ignore debt` [03/05/2007]
  Many UK borrowers accumulate thousands of pounds of debt before becoming concerned, it has emerged.
• Credit card debt management schemes `a good idea` [02/05/2007]
  Debt management schemes aimed at credit cards are rising in popularity, according to an online credit card guide.
• Pawn shops `are growing draw for debtors` [02/05/2007]
  As more Britons fall into debt, the pawn shop may be making a comeback as a way to secure quick
• Couples `could be hiding debt in secret accounts` [01/05/2007]
  Millions of Britons have a current account they keep hidden from their partner - known as a CASHFLO - new
• High-interest credit cards to give customers warning [01/05/2007]
  In a move which could help people avoid accumulating more debt, credit cards which carry large interest rates will have

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