Debt Managers

Excluding mortgages, the average household debt in the UK as at the end of December 2009 was £9,000. Including mortgages, this rises to £30,252 owed by every UK adult; 129% of the average wage ("Debt Statistics," Credit Action, February 2010). Knowing and learning how to manage and reduce this debt without causing more upset and hassle is vital for minimising stress and problems.

This article will provide a number of suggestions and strategies as to how to minimise and manage debt.

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