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Government warns about rising credit card debt Debt - the 12-month view Amount of `bad debt` written off reaches 16-year high Deeper into debt: middle-class poverty Debt taken on by individuals increased in January Debt Relief Order (DRO) rules may be changed Overdrafts: five million Britons `permanently` in debt Mortgage lending drops to decade low The cost of debt falls Two thirds hope to have cleared mortgage debt by 50 40% of people approaching retirement `saddled with debt` Repossession `may be best` for homeowners struggling with debt Bankruptcies in Scotland - the worst may be yet to come Good news for people with energy debts US: new law provides debt-free date More debt taken on than repaid in December Savings rise as consumers pay down debt Household debt `could trigger another downturn` More families could fall into debt with energy companies Recession ends

`More people ringing Samaritans over debt worries`

02/10/2008

An increasing number of consumers in the UK are calling the Samaritans over concerns about debt, it has been suggested.

According to a BBC report, the organisation - which provides confidential emotional support to those in distress - has seen an increase in calls of 25 per cent compared to last year as a direct result of the credit crunch.

Shaun Kelly, outreach and communications co-coordinator at the central London branch of the organisation, said: "Debt is known to contribute to emotional distress and sometimes people in financial difficulty can consider suicide as a way out of the situation that they are in."

He added that is it "really important" for people experiencing personal finance problems to talk to someone about their situation, rather than keep it to themselves.

Meanwhile, pawnbroking firm Albermarle & Bond recently reported a rise in profits of 40 per cent compared to last year as consumers in the UK who are unable to access credit due to tighter lending conditions increasingly turn to selling their possessions.

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Government warns about rising credit card debt 05/03/2010 - The latest figures from the Bank of England (BoE) have Debt - the 12-month view 04/03/2010 - In January, UK citizens - between them - borrowed £500 Amount of `bad debt` written off reaches 16-year high 03/03/2010 - The latest figures from the Bank of England (BoE) suggest Deeper into debt: middle-class poverty 02/03/2010 - The recession has also affected a lot of people with