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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`

PC sales `may be hit by economic downturn`

09/03/2009

New research has suggested that PC sales in 2009 will fall at the fastest rate since they hit the market, as consumers look to cut back on `non-essential` spending and avoid getting into debt.

Information technology research company Gartner predicted that 257 million PCs will be sold this year, down 11.9% compared with 2008 figures. The steepest fall so far was 3.2% in 2001.

George Shiffler, principal analyst at Gartner, commented: "The PC industry is facing extraordinary conditions and as the global economy continues to weaken, users stretch PC lifetimes and PC suppliers grow increasingly cautious."

A spokesperson for Debt Advisers Direct said: "PC sales could be hit on two counts as the economic downturn continues. Many people are currently unwilling to make big purchases, and there are also people who cannot obtain the necessary credit to fund such purchases.

"In times like this, consumers should think carefully about making any purchases on credit. Credit purchases are a form of debt, and it`s as important as ever that people ensure that they will be able to afford their repayments."

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans 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