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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Fool highlights impact of wedding debt

23/05/2008

Fool.co.uk has released data showing the willingness of individuals to get themselves into debt over their big wedding day.

According to fool.co.uk, one person in ten is willing to take out a personal loan to cover the cost of a wedding, leading - in many cases - to debt problems that last many years into the marriage.

"If you stick all the costs of your wedding on a credit card, you could find your big day is memorable for all the wrong reasons - because you end up paying for it for the rest of your life," said Donna Werbner, a financial expert at fool.co.uk, an independent business with a membership base of two million.

"Money may not buy you love, but love sure can cost you a lot of money."

During the poll of 1,173 UK-based individuals, it has also discovered that eight per cent of people would be prepared to spend between £15,000 and £20,000 just to get married, although most - 85 per cent - rely upon savings as a source of finance.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according