Home loans | Debt consolidation | Secured loans | Homeowner loan

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

As at the end of 2005, the total amount of lending outstanding (or debt) in the UK was £1,656 billion, a 9% increase as compared to 2004 and 42.5% up compared with 2001. The amount of debt [...]

Tags: financial-news, indiana-loans, UK-debt