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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`

Older people helped with over £350k of debt

07/07/2008

The financial skills and confidence of older people in the north-east have been targeted in a project in Newcastle.

The first year of Help the Aged`s Your Money Matters project, supported by Barclays, has helped older residents deal with over £350,500 of debt.

One-to-one and group information sessions have made "a positive and tangible difference" to older people experiencing debt in the area, according to Janette Blythe, Barclays`s community relations manager in the north-east.

Mike Smith, Your Money Matters advisor, agreed: "When we launched Your Money Matters at Caring Hands a year ago we said we wanted to improve the skills, confidence and financial situation of local older people, and after a busy but exciting first year we`re well on our way to doing this."

The project is based at Caring Hands, which also offers information on health and welfare, free equipment loans and help around the home to promote the independence of elderly and disabled people.

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