Debt problems are increasingly worrying Britons, a new survey has revealed.
According to figures from MoneyExpert, 38 per cent of Brits have been worried about repaying debts - possibly from loans and credit cards - in the past three months.
This represents a rise of five per cent compared to the previous quarter, the poll showed.
"Many people are not in severe trouble but are becoming increasingly worried nonetheless. There are many ways to get your finances under control, from debt consolidation to just juggling your borrowing onto cheaper products," director of MoneyExpert Sean Gardner said.
Those who concerned about making repayments over the coming months should "take action" now, he added.
Howard Archer, chief European and UK economist for Global Insight, suggested recently that interest rates may fall to four per cent next year, but stated that a hold decision is the most likely option for the Bank of England this month.
source moneynews.co.uk
For more information visit www.debtall.com
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