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Monday, 23rd November 2009

Scotsman guide to debt

Scots' personal debt on the rise as spectre of repossession looms PERSONAL debt among Scots is on the rise, according to data handed exclusively to Scotland on Sunday by one of the UK's leading credit reference agencies.

Debt advisors face record calls Debt advisers are set to take a record number of calls as consumers are left to deal with a Christmas on credit.

Desperate debtors need to take responsibility and give lenders some credit FINAL STATEMENT IT HAS been another bad week for the banks. Financial Ombudsman Walter Merricks reported a rise in complaints of about a third when he published his annual report.

Banks to share data to cut debt problems FOUR of the UK's five biggest banks today agreed to share information about customers in an attempt to spot people who are struggling with debt before they default on repayments.

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