Three leading debt advisory companies have been warned over their ‘misleading’ adverts, and told by the Advertising Standards Authority (ASA) that they should not repeat the ads.

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Debt charities say that the number of people contacting them to discuss their debt problems is continuing to rise, with more people worried about severe difficulties such as mortgage arrears and repossession orders.

The Consumer Credit Counselling Service reported a 33% rise in enquiries in the first quarter of 2007 compared to the same period in 2006, while Citizens Advice also reported an increase.