Thursday, June 7, 2007

Debt Management

I know being drowned in debt is not a good health for our body, mind and living. In our household, hubby and I discussed a lot of things to not be carried away of the things we wanted as we are saving for our future when we moved to Philippines. I agree what he discussed and Im so happy about that. As far as we could keep away from things that are not so needed bcos of just wanting and to show off I won't get it. There are times when Im like a kid and don't want to go out of the store if I couldn't bring it with me and hubby would give in hehe! I know Im one spoiled wife but he loves me so much and do anything just to make me happy but Im not getting the things which is very costly like a thounsads of dollars unless if it's very important. Now a days a lot of people are buried with debt and it's hard to get back up when problem arrising. Struggling to work hard to pay the debts. I have found an article about Debt help for high risk borrowers which Several organisations offer free advice for people struggling with their debts. The common ones are Credit Advice and Citizens Advice and Consumer Credit Counselling are the most common service. However, there are other services in the UK for people who are suffering from high interest rates and rising utility bills. And the other one article is Why are debt conscious home owners going bankcrupt as they watch the debt mountain grow, changing the social climate in the UK, many still remain ignorant of the true cost of the debt mountain. Many people are clueless as to the social impact of the countries debt. To know more about this pls check their article website which you can gain a lot of knowledge about all these stuffs. According to recent reports, last year saw a steep rise in the number of people that had debt problems.. This is the second consecutive year that this figure has risen, and in 2006 the figure was a third higher than the previous year. Many people are taking on bigger loans with horrendously high interest rates just to try and pay off their debt. This of course means they are caught in a vicious circle and it could mean many looking at bankruptcies and losing their homes.

To learned a lot of all these Debt management options for consumers espcially who lived in UK pls check it out. Not only for UK people but anywhere in the world. Start browsing now at thriftyscot.co.uk which has a lot information all you needed to know.

1 comment:

Leona said...

The content on your website never confuses me

Payday Prop