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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

Fuel poverty still putting billpayers at risk of debt

11/06/2009

The Environment, Food and Rural Affairs select committee has urged the Government to offer more help to the millions of families currently in fuel poverty.

A report from an Environment Committee of MPs estimates that around 5 million families were in fuel poverty last winter, according to the BBC. Fuel poverty is defined as when a household spends 10% or more of its total income on gas and electricity for the home.

Fuel poverty has become an increasing problem for many billpayers over the past two years, following several sharp price rises by energy companies.

A spokesperson for Debt Advisers Direct said: "Fuel poverty remains a problem for many households. Combined with other rising costs of living, the price of fuel has meant that many people have struggled to meet all their commitments, and with that comes the risk of debt.

"We urge anyone in that situation to contact a professional debt adviser."

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

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