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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`

Some couples `use credit checks before marriage`

24/07/2007

Some couples are using credit checks to ensure that they do not bring any debt problems into their new marriages, it has been claimed.

Even though many people live together before marriage, they may still operate separate bank accounts and manage their finances separately, according to the Sun.

Melanie Mitchley, director of industry relations at financial checks firm Callcredit, said that making sure both partners do not have a bad credit rating is part of preparing for a happy union.

"Money is the number one potential relationship breaker, so by starting off on the right foot and checking their credit reports, the new Mr and Mrs have made a wise move in ensuring that there will be no nasty financial surprises," she commented.

"We recommend people take care when they’re entering into joint financial arrangements, as a partner’s finances could affect you for up to six years following any split."

The average cost of a UK wedding is £11,000, according to weddingguideuk.com.

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