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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`

Second-hand goods more popular

30/10/2008

Internet users are looking for more and more second-hand goods, according to Hitwise, an Experian company.

In the last 12 months, Hitwise reports, the number of internet searches containing the word ‘second-hand’ has increased by 22%, while Classifieds websites have seen 47% more traffic.

In the last 12 weeks of the analysis, the most common ‘second-hand’ searches were:
· second hand cars
· second hand books
· second hand car prices
· second hand furniture
· second hand bikes

“These statistics are a reminder of how the internet can help people cut their spending and stay out of debt,” said a spokesperson for Debt Advisers Direct.

“It’s often claimed that the web encourages spending, but reports such as this emphasise how shopping online can help people track down cheaper deals – for anyone struggling with debt, buying second-hand goods can be an excellent way of saving money.

“If they find they need more help managing their debts, we’d recommend they seek expert debt advice as soon as possible.”

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Debt Advisers Direct offer free debt advice and a range of debt solutions, such as debt management plans, debt consolidation and IVAs (Individual Voluntary Arrangements).

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