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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`

Borrowers could face long wait for free debt advice

16/07/2009

A recent report claims that Redbridge would be `one of the worst-affected boroughs in the capital` if free debt advice wasn`t available, according to thisislocallondon.co.uk.

One resident of Redbridge mentioned that her family`s situation was causing them a lot of stress, as she was unable to get an appointment with a debt advice organisation. She said: "We`ve tried to get an appointment with every advice centre going but they are all swamped."

A spokesperson for Debt Advisers Direct commented: "At a time like this, the debt advice sector is dealing with particularly high numbers of people who need help. This means that people may be waiting for longer to get free debt advice.

"Anyone looking for debt advice should not be put off by this. If they look around, they should be able to find an organisation that`s able to talk to them immediately. There are plenty of organisations offering free debt advice - and many of them work at the weekend and in the evening, making sure that everyone who needs help has an opportunity to call them."

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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