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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`

Total personal debt `up £38bn in past 12 months`

03/04/2009

New figures from the Bank of England have shown that the total level of personal debt in the UK rose by £38bn in the 12 months to the end of February.

The UK`s total personal debt stood at £1.458 trillion at the end of February, £1.227 trillion (around 84%) of which was made up of secured debt.

However, the statistics also showed that the rate at which personal debt is growing has slowed, compared with February 2008, when the year-on-year total had increased by around £111bn.

A spokesperson for Debt Advisers Direct said: "Although the growth is slowing, the level of debt has continued to rise - during a time in which many people are looking to reduce their debts.

"Anyone worried about their situation should contact an expert debt adviser as soon as possible to discuss how they can reduce their debts."

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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