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by Andrew_F_Smith on February 2nd, 2011
Retired and unemployed debt-worriers have seen their debt rise in the last five years, as a proportion of income. Employed and self-employed people had less of a debt burden in 2010 than they did in 2005.
Unemployed debt rising fast enough to prove a real burden when they re-enter employment.
by Andrew_F_Smith on January 26th, 2011
In 2010 only in Britain’s poorest households did the unsecured debt/take home pay ratio rise. Data from ClearDebt sample of more than 59,000 people with debt worries.
by Andrew_F_Smith on January 24th, 2011
Negative equity is a big problem for Britain’s highest earning debt worriers and fewer people can rely on adding to their mortgage to fund credit card debt.
by Andrew_F_Smith on January 19th, 2011
ClearDebt take another look into the their debtor database and show their findings on how long it takes people to pay their debts, including some extreme examples such as the person who would need 694 years to become debt free
by Andrew_F_Smith on January 11th, 2011
A look at more than 60, nearly enquiries made to ClearDebt shows that the less you earn, the more you are likely to have debt problems – but that significant debt problems exist at any level of income – even the highest.
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