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December, 2009

• Advice issued to help people avoid Christmas debt [31/12/2009]
  Contour Homes, one of Lancashire`s biggest housing associations, is warning people to budget over Christmas to avoid falling into debt.
• Mortgage lending falls 10% in November [29/12/2009]
  According to figures from the Council of Mortgage Lenders (CML), gross mortgage lending in November totalled £12bn - 10% lower
• Cost of new mortgage debt drops [28/12/2009]
  According to research by Moneyfacts.co.uk, the cost of servicing mortgage debt (for people taking out two-year fixed-rate mortgages) has fallen
• Families facing debt this winter [25/12/2009]
  A survey by children`s charity Save the Children suggests that the majority of parents in households earning less than £30,000
• `Upsurge` in homeowners struggling to service mortgage debt [24/12/2009]
  According to the Housing Advice Service at Preston Council, there has been an `upsurge` in the number of Lancashire homeowners
• Cost of debt - CFA wants `level playing field` [18/12/2009]
  The Consumer Finance Association (CFA) has called for action making it easier to compare the cost of different kinds of
• Debt news: Britons `more inclined` to spend than save [11/12/2009]
  According to a survey of Britain`s wealth by the Office for National Statistics (ONS), 44% of the public are `more
• Pre-Budget Report `fails to ease debt fears` [10/12/2009]
  Worries about Britain`s debt were not laid to rest by Alistair Darling`s Pre-Budget Report (PBR) yesterday, it seems.
• Avoiding another debt crisis - finance lessons at work [09/12/2009]
  People should be given training in financial matters while they`re at work, according to AXA, `to prevent another crisis in
• Cost of new mortgage debt drops [09/12/2009]
  According to research by Moneyfacts.co.uk, the cost of servicing mortgage debt (for people taking out two-year fixed-rate mortgages) has fallen
• Big rise in homeowners overpaying mortgage debt [04/12/2009]
  The Co-operative Bank has seen a 56% annual increase in the number of customers making mortgage overpayments, as people take
• Debt repayments reach record levels [04/12/2009]
  Borrowers in the UK repaid a record amount of `consumer credit` (credit card debt, unsecured loans, overdraft debt, etc.) in
• Record debt defaults predicted for the New Year [04/12/2009]
  Banks have been warned that their debt collection departments could face the `busiest New Year on record` as debt defaults
• Debt & stress in the downturn [02/12/2009]
  Nearly 7 million people in the UK are dealing with an unmanageable level of debt and `enormous financial pressure`, says
• Debt taken on through credit cards down 8.2% [02/12/2009]
  Figures from the British Bankers` Association (BBA) have revealed that the amount of debt taken on through credit cards in

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