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Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive` School focuses on "curing Ireland`s debt disease"

Richest and poorest most affected by credit crunch

17/06/2008

A fifth of people in debt prefer to discard bank accounts and keep their money where they can see it, according to research by MGM Advantage.

A quarter of British people with assets of over £1 million also shun banks in favour of the `Bank of Mattress`, the retirement income specialist found.

This amounts to one in twenty people in Britain choosing to avoid financial institutions in the current financial climate. Plymouth has been named as the area with the least faith in the banking sector.
The UK property market is expected to attract 12 per cent of people surveyed. Three per cent of those surveyed said they would invest in international property.

However, 55 per cent of British people continue to use traditional savings accounts. Sixty per cent of women use a savings account while 48 per cent of men choose the traditional savings option.

A number of debt management solutions are available for people facing debt problems, including individual voluntary arrangements and managed bank accounts.

Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according Rising household costs could pressure people in debt 10/08/2010 - The UK may be about to see a rise in