Avoiding debt disaster
- Top tips: Avoiding debt disaster
- Debt advice
- Debt consolidation enquiry
- Debt enquiry
- Debt consolidation loan advice
We’ve had some rather more cheery economic forecasts recently but the latest figures on the state of the national debt couldn’t be more bleak.
According to the Office for National Statistics we’re now racking up debt at a rate of over £6,000 a second. Even Victoria Beckham on a shopping trip at Christmas might struggle to match that rate of expenditure. And she can afford it.
It’s more than a little worrying, but for some of us the feeling of sliding into a more of debt might be all too familiar. Many of us have even been in the position of struggling with the interest payments alone.
Alistair Darling could sympathise with that. According to some analysts the Government currently has to pay more than £30 billion a year just on the interest that’s built up – roughly £500 for everyone in the country.
With debts approaching £800 billion the Government will probably struggle to find a debt consolidation loan. For those of us with lesser but equally pressing financial concerns, debt consolidation could be the ideal start. MoneyExpert.com gives some top tips
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