Dealing with debt ‘a concern for Britons’

New research from MoneyExpert.com suggests that around 30% of British citizens are anxious about managing their debts in today’s economic climate.

27% of those questioned who were already in debt agreed that the amount of debt they owed had slipped further out of control over the last three months.

However, 17% claimed that they had been able to reduce their debts, while 27% had managed to maintain their debt at the same levels.

A spokesperson for debt management company Gregory Pennington commented: “With the recession ongoing, it’s more important than ever for people to tackle their debts.

“There are a number of debt solutions that could help borrowers reduce their debts and / or their monthly outgoings. We advise anyone in debt to seek professional debt advice to help them decide on the best course of action.”

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Gregory Pennington offer debt management plans as well as a range of other debt solutions. If you are worried about debt, contact one of our expert debt advisers now.