Brits are worried about debt

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I think a very scary age to be at right now is falling into retirement, so in the 50 years+ bracket. A lot of individuals within this bracket have been expecting to rely on their equity in their home, to pay off the excess left on a mortgage, and potentially a few other debts as well.

With the credit crunch hitting hard, this is getting less likely to happen for some, every single day.

Brits are worried about debt

Dealing with debt is becoming a concern for an increasing number of UK adults, according to one company.

Research by MoneyExpert.com has revealed that 30 per cent of Britons are anxious about controlling their personal debt in the current economic climate.