Bank chief King says families risk losing everything to debt Evening Standard
A strong warning that people are running up "desperate" levels of personal debt has been sounded by the governor of the Bank of England. Mervyn King said the speed with which some families were amassing unsecured liabilities such as credit card bills was putting them at risk of losing everything.
U.K. Bankruptcies Soar as Loans, Card Debt Top $6,800 a Person Bloomberg.com
Dec. 1 (Bloomberg) -- Roland Snooks couldn't resist a good deal on a loan, and for 11 years, banks including Egg Plc and Abbey National Plc were happy to feed his habit.
Fears raised for Ulster householders as mountain of debt grows Belfast Telegraph
Families in Northern Ireland are drowning under a rising tide of more than £60m of debt in the run up to Christmas. A Limavady-based credit counselling service today revealed it is currently dealing with a staggering £40m debt in Northern Ireland and this was just scratching the surface.
British personal debt nears `Time Bomb’ levels The Economic Times
Jon Menon and Ben Livesey LODON: Roland Snooks couldn’ resist a good deal on a loan, and for 11 years, banks including Egg and Abbey National were happy to feed his habit.
Millions of Americans have second, third jobs Kansas City Star
Cathy Burchett is a computer teacher, a drummer, a retail clerk, a dog walker and a coordinator for events to help at-risk youth. Like sewing a patchwork quilt, Burchett, 51, has pieced together a variety of jobs to cover her living expenses.
Payday Advance Industry Says New Report Misrepresents Customers' Use of the Popular Short-Term Credit Product PR Newswire via Yahoo! Finance
The Community Financial Services Association of America , a national trade group of responsible payday advance companies, today dismissed a report by the Center for Responsible Lending as misleading and lacking perspective.
GANNETT NJ NEWSPAPERS Home News Tribune
Dan Ramey, 25, a graphic artist, has one credit card that's maxed out at a low balance of $1,000, but otherwise he's got it together financially, he said recently.
Gearing in SA drives efficiency IAfrica South African Business News
A more efficient capital structure is starting to emerge in South Africa as more companies look to drive extra value by gearing up, Moody's Investors Service told I-Net Bridge on Friday.
Twentysomethings battle debt Florida Today
Generation gap today means excessive debt for young adults, not traditional parent-child misunderstandings.
Mortgage lending up 8% on 2005 Guardian Unlimited
The mortgage market remains robust but consumer credit levels continue to suffer in the face of rising personal debt, latest figures from UK banks indicated today.

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