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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`

`Cut-price` supermarkets lead as shoppers look to avoid debt

10/03/2009

New research has suggested that shoppers are continuing to seek out bargains and avoid debt as the economic downturn continues, with supermarkets that promote a `cut-price` image faring better than their competitors.

Research from TNS Worldpanel showed that Asda and Morrisons experienced particularly strong sales growth in the market over the past three months, compared with the same period last year.

`Budget` supermarkets Aldi and Lidl also performed well, with sales growth of 19.3% and 13.1% respectively in the past three months.

A spokesperson for Debt Advisers Direct said: "Whereas in the past many people simply went to their nearest store, shoppers are now much more conscious about `shopping around` to save money and minimise their chances of getting into debt."

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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