Retired and unemployed debt-worriers have seen their debt rise in the last five years, as a proportion of income. Employed and self-employed people had less of a debt burden in 2010 than they did in 2005.
Unemployed debt rising fast enough to prove a real burden when they re-enter employment.
Continue reading the "Unemployed debt rising fast – may pose problems for recovery" »
In 2010 only in Britain’s poorest households did the unsecured debt/take home pay ratio rise. Data from ClearDebt sample of more than 59,000 people with debt worries.
Continue reading the "2010: unsecured debt amongst poorest households goes up" »
Negative equity is a big problem for Britain’s highest earning debt worriers and fewer people can rely on adding to their mortgage to fund credit card debt.
ClearDebt take another look into the their debtor database and show their findings on how long it takes people to pay their debts, including some extreme examples such as the person who would need 694 years to become debt free
A look at more than 60, nearly enquiries made to ClearDebt shows that the less you earn, the more you are likely to have debt problems – but that significant debt problems exist at any level of income – even the highest.
Continue reading the "Are people in debt the poorest in society already?" »
Recently figures showed it will take 57 years for the gender pay gap to close and for women in the workplace to be earning the same amount as men. ClearDebt’s Jacqueline Cohen decided to take a closer look specifically at the statistics for women in debt and came up with the following conclusions.
Continue reading the "The big debate: Do women really earn less than men, and if so, why?" »
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