Archive for June, 2006

UK personal debt nears £1.2bn

Friday, June 30th, 2006

New figures from the Bank of England show that the total personal debt of UK citizens is now a record £1.199 trillion, with combined mortgage debt breaking through the trillion pound mark for the first time.

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Rise in ‘extreme’ debt

Friday, June 23rd, 2006

The Consumer Credit Counselling Service (CCCS) have warned that the number of people in extreme debt is rising fast, with numbers nearly doubling in a single year.

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