Released on = July 26, 2006, 8:37 am

Press Release Author = David

Industry = Financial

Press Release Summary = Credit history firm MyCallCredit found that nine out of ten
people are comfortable with their debts and one in five was trying to make an
attempt to reduce their borrowings either by borrowing debt consolidation loan or
through other debt management programme over next year

Press Release Body = According to a new survey, majority of people in the UK are
content with the amount of debt they owed. Credit history firm MyCallCredit found
that nine out of ten people are comfortable with their debts and one in five was
trying to make an attempt to reduce their borrowings either by borrowing debt
consolidation loan or through other debt management programme over next year.

London ( adverse-credit-debt-consolidation ) July, 26 2006: According to a recent
survey, majority of UK residents are ok with the amount of debt they have borrowed.
Credit history firm MyCallCredit observed that nine in ten people were comfortable
with their debt burden, one in five were planning to reduce their debts by borrowing
debt consolidation loan or through any other debt reducing method. The study
revealed that young people were not hopeful about their financial future, whereas
part time workers were most likely to be rescued from their debts.

MyCallcredit director Alison Nicholson said that debts only became a problem for
people when they were unable to repay and majority of UK residents could pay it
.Nevertheless, one in four people between 16 and 24 expected their situation to get
worse. One in seven unemployed people expected more of their income to be spent on
unsecured debt repayments over a year's time.

So, young and unemployed people are most likely to fell in debt trap and they may
consider taking out a debt consolidation loan.

For additional information on the news that is the subject of this release (or for a
sample copy or demo), contact: Webmaster:
www.adverse-credit-debt-consolidation.co.uk


Web Site = http://www.adverse-credit-debt-consolidation.co.uk

Contact Details = 11 Parade House, 135 The Parade, High Street, Watford,
Hertfordshire, UK, Ph No. 08081602577, Fax No. 084589090008, parkerala@gmail.com