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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`

Consumer confidence rises

11/05/2009

Nationwide`s Consumer Confidence Index recorded a rise in April, suggesting that attitudes amongst UK consumers may be becoming increasingly positive.

According to Nationwide, consumer confidence in April rose by 8 points compared with the previous month, continuing the upward trend seen in 2009 so far.

In comparison, consumer confidence had shown a distinct downward trend throughout 2008, most likely due to a combination of an unstable economy and rising unemployment.

A spokesperson for Debt Advisers Direct said: "The latest figures suggest that people are expecting the economy to start making a recovery in the reasonably near future - although the Present Situation Index, rising just one point, shows that people are still concerned about their current circumstances.

"There could still be difficult times ahead, and people should be looking to protect their finances - for example, by saving money or by overpaying their debts when they can afford it."

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Debt Advisers Direct offer 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