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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`

PayPal issues personal detail warning

26/04/2007

People need to be careful about what information they reveal to strangers, according to online payment service PayPal.

Research from the company suggests that 6.6 million people in Britain make public their personal problems to people who they do not know at work.

PayPal indicates that this can be dangerous if people divulge private information of a financial nature, as strangers could use these details to their benefit. This situation could occur if people are discussing their debt problems, for example.

Cristina Hoole from PayPal remarks: "The research has revealed that people in Britain aren`t backwards in coming forwards and seem to have a no holds barred policy when it comes to revealing information about themselves."

However, "people need to be careful about giving away too much information such as financial or medical details to people they do not know", as this can leave them open to unscrupulous people, she added.

Personal finance problems can be discussed privately with debt management companies and they can offer professional advice on the next steps to take.

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