If youre worrying about debt this summer, you are not alone. We owe a staggering £200billion on credit cards, loans and overdrafts the highest level since the financial crisis in 2008.
The average household owes over £7,000 in unsecured debt when you add in mortgages, it shoots up to over £57,000.
Alarm bells are beginning to ring with debt charities as they are seeing huge numbers of people coming to them for help.
National Debtline says more than 59,000 people called for help in the first six months of this year up almost 10% on the same period in 2016. At the same time, its website was visited more than 660,000 times, a staggering increase of 23%.
The charity expects these trends to continue as Bank of England figures show debt is …
Read the full article at: http://www.mirror.co.uk/money/6-steps-living-free-debt-10970810