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30 November 2012
We may be living through tough times, but the amount of debt we're carrying is actually falling. In fact, October saw UK residents' unsecured debts fall by half a billion pounds.
This was the third time in four months that people in the UK have repaid more than they borrowed - in terms of credit cards, overdrafts, unsecured loans, etc.
23 November 2012
Consumers are strongly focused on paying off their debts, according to the BBA - as figures show that consumer credit repayments exceeded new borrowing in October.
Credit card lending exceeded repayments by £0.2 billion that month, but this was more than cancelled out by a £0.4 billion net repayment of personal loans and overdrafts.
16 November 2012
Around half the population feels worse off financially than they did a year ago, according to a recent survey.
It's something Gocompare.com has been looking into since August 2010, when it began asking people how their finances had changed over the last 12 months.
DROs outnumber bankruptcies for the first time
The number of people entering bankruptcy is still falling. Figures from The Insolvency Service show that just 7,617 people in England and Wales entered bankruptcy in the third ...
IVAs reach a new high in Northern Ireland
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Big drop in Scottish insolvencies
There's been a big drop in personal insolvencies in Scotland: between July and September, 4,063 people entered bankruptcy or a Protected Trust Deed north of the border. Breaking ...