UK debt problems - a report

It's hardly gone unnoticed that many people in the UK are experiencing significant debt problems. However, Money Extra have now released a report asking how significant these problems actually are.

The group comment: "The average amount of unsecured debt works out at almost £8,800 per adult in the UK (CreditAction figures). Together we have accumulated almost £5.5 billion in credit card debt alone."

Read the full report here