Debt consolidation may alleviate your debt problems
Released on = June 4, 2007, 12:02 am
Press Release Author = Bernard Ethen
Industry = Financial
Press Release Summary = Rising personal debts affects you on many counts. They are a matter of concern for many Brits.
Press Release Body = London, 2nd June, 2007: Personal debt problems do not only affect your finances but they can also adversely affect your personal lives and relationships. According to a recent survey, personal debt problems can even lead to divorce and separation.
The Debt Counsellors Annual UK Debt Survey 2007 focused on people seeking help for their debt problems. Almost 10 per cent of people polled said that their financial difficulties had caused separation or divorce.
John Porter of The Debt Counsellors said: "The survey shows that personal debt can have a devastating effect on relationships as well as finances. We strongly recommend that anyone with debt problems gets professional advice immediately." The Debt Counsellors provide advice on a wide range of possible solutions concerning your debt problems.
In a related report from the Alliance & Leicester, it was found that Britons between the age of 30 and 35 have the highest level of personal debts when compared with the national average. This generation is also the most likely to miss repayments.
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