UK Debt Buster Guide : An Introduction

The number of people with serious debt problems is rising sharply. More than 3,000 people were declared bankrupt in 2006 owing more than £100,000 each in unsecured loans. Recently the Consumer Credit Counseling Service, one of the UK’s largest debt charities, warned that the number of people owning more than £100,000 has almost doubled over the past two years.

At the same time Government figures show that the number of people filing for bankruptcy has risen to record levels for the third year running. In total Brits now owe a whopping £1 trillion – and much of this rising debt mountain has been fueled by a boom in credit cards, store cards and personal loans.

If you are one of the thousands of consumers who are concerned that your spending is getting out of control, then help is at hand. This site, UK Debt Busters, is designed to help you put your finances on back on track.

There are five debt buster guide suggested by tiscali.co.uk. These will be explained on the next posts. So stay tuned.