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Recent economic conditions have meant that the debt landscape is changing, according to one debt charity.
Credit Action, a provider of impartial debt advice, says that there has been a shift away from unsecured debts towards secured debts.
Unsecured debt usually takes the form of credit card borrowing and loans that are not charged against any of [...]

Tags: debt, debt-advice, debt-landscape, economic-conditions, indiana-loans, interest-rates, loan-credit, mortgage-payments, secured-lending, unsecured-debt, unsecured-debts

Debt in the UK has surpassed, for the first time, the total annual income for all UK’s residents. Total debt stands at £1,335 trillion whereas total income stands at £1,300 trillion per year. However, with the rising cost of property the total UK assets stand at over £6,000 trillion.
This works out at just over £22,000 [...]

Tags: annual-income, assets, credit-cards, debt, indiana-loans, loans, mortgages, total-debt, total-uk-debt, trillion, UK-debt