Credit Card Debt Report Aims to Ease Debt Problems

Debt advice organisation The Debt Counsellors has produced The Credit Card Debt Report, an in-depth guide to the nature and causes of credit card debt in the UK.

(PRWEB) November 6, 2006 -- The Credit Card Debt Report has been produced by debt help experts The Debt Counsellors. The report offers help and advice for people looking to solve their credit card debt (http://www.debtcounsellors.co.uk) problems as well as those who want to avoid them altogether.

According to The Debt Counsellors Annual UK Debt Survey 2006, more than 91% of people seeking help for their debt problems owe money through credit cards. Credit Action figures show that at the end of August 2006, total credit card debt in the UK stood at £55.4 billion, and British Bankers Association statistics show the proportion of credit card balances bearing interest in July 2006 was 74.6%

Therefore, The Debt Counsellors have compiled The Credit Card Debt Report to help address this growing problem and raise awareness of the issue.

The Credit Card Debt Report outlines the facts and figures surrounding UK credit card debt and explores the reasons behind it, also offering advice on combating credit card debt.

The Report contains a guide to using credit cards without getting into debt, as well as a personal case study and advice on what to do if credit card debt gets out of control.

John Porter of The Debt Counsellors says: "Credit card debt is obviously one of the major factors of personal debt in the UK. So we have produced The Credit Card Debt Report to help people who are worried about their credit card debt and to offer help to those who want to avoid problems with their credit cards."

The Credit Card Debt Report (http://www.debtcounsellors.co.uk/reports/credit-card-debt.html) can be viewed at http://www.debtcounsellors.co.uk/reports/credit-card-debt.html

For further debt advice and information on credit card debt, visit http://www.debtcounsellors.co.uk

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