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Debt Free Future Recommended by The Debt Counsellors

Latest figures show borrowing is still rising in the UK and debt help experts The Debt Counsellors are recommending consumers tackle their debt problems with the aim of becoming debt free.

(PRWEB) August 27, 2006 -- As borrowing increases in the UK, debt help organisation The Debt Counsellors is recommending that consumers make it their goal to become debt free in order to secure a stress-free and financially sound future.

According to the British Bankers' Association, net lending on loans and overdrafts has increased over the past few months, with July seeing a £0.7bn rise in outstanding balances.

In addition to this, year-on-year figures show that unsecured consumer borrowing has risen by 4% since last July.

These figures come only weeks after Credit Action revealed that the total of personal debt in the UK had risen to £1,228 billion and the average UK adult is approximately £26,334 in debt (including mortgages).

With this in mind, The Debt Counsellors are urging consumers to tackle the problem. They believe it should be everyone's aim to become debt free. What's more, they say debt solutions exist to make it a viable goal.

John Porter, a senior counsellor with The Debt Counsellors, says: "Personal debt has become a nationwide problem in the UK and there are millions of people saddled with multiple debts through credit cards, personal loans and overdrafts.

"Everyone would like to be debt free but don't think it's possible or don't know where to start. The fact is, there are many debt solutions available that can help people on the road to becoming debt free and the best way to find out about them is through professional debt counselling."

Porter adds: "The Debt Counsellors offer free, confidential debt advice, and we have debt experts with many years of experience ready to provide debt counselling to anyone who wants to tackle their debts."

For more information on becoming debt free, visit http://www.debtcounsellors.co.uk

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Mark Nunney
DEBT COUNSELLORS
01208 812983
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