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Lying to loved ones about debt - the true behaviour of cash strapped Brits reveals

Brits in debt play down the scale of it hugely, with people actually owing more than double the amount they tell their partners, according to the latest insight from MoneySuperMarket.

Consumer confidence continues as majority of people meet debt repayments

The second Lloyds Bank Lending Report shows that people surveyed continue to feel upbeat when it comes to the future of their finances.

Thirteen million UK households expect to dive further into the red in 2015

Despite last month’s Budget stating UK debt would begin to fall next year, 13 million households believe their situation is going to worsen before it gets better, according to research by MoneySuperMarket.

2.3m Brits are on flexible incomes and battling with debt

Research focusing on fluctuating incomes and the impact it has on people’s ability to make debt repayments shows that many people are struggling to meet their financial commitments because of “zero hours” contracts.

Brits’ debt rockets 41% in just a year

British debt appears to be spiralling out of control, according to research from MoneySuperMarket. Consumers now owe an incredible £196 billion collectively, increasing by a staggering 41 per cent from last year, whilst those aged 18 to 34 have seen their debts almost double in the same period.

7% of adults spend more than 50% of earnings on unsecured debts

1 in 15 (7%) people who have unsecured borrowings are spending 50% or more of their take-home earnings on payments each month, according to research conducted on behalf of debt advice and solutions provider Debt Advisory Centre (DAC).

Retirement debt risk for over-45s

Nearly one in five over-45s expect to retire in debt or are unsure they will clear all their debts before they can afford to stop work, research from leading over-55s financial provider Key Retirement shows.

Government targets billions of pounds of uncollected debt

Government will target billions of pounds of unrecovered debt through a new joint venture launched today with the private sector.

Will it be ‘loan’ly this Christmas for students?

Students are looking at financially frugal festivities this year as one third (33%) say they can’t afford their usual Christmas plans. Christmas funding worries are also making 32% of those surveyed turn to loans to finance festivities, according to new research from Blackbullion.

A quarter of Brits wouldn’t lend to a friend this Christmas

With Christmas just around the corner and the festive season in full swing, MoneySuperMarket has found Brits are keeping their pennies close to their chests this Christmas with a quarter admitting they would not lend a friend £50 if asked.

Debts build as people struggle to make ends meet

Denbighshire, Merthyr Tydfil and Stoke on Trent are the top three locations where the highest proportion of the local population has got help from Citizens Advice with a debt problem.

Paying off debts forces some Brits’ to delay starting a family

Money can be an important consideration when people are thinking of starting a family, which may explain why some are delaying their plans so they can get their finances in order.

Zopa lends a quarter of a billion pounds in 12 months

Peer-to-peer lending platform Zopa, has announced it has lent a quarter of a billion pounds (£250m) in 12 months to UK borrowers.

1 in 10 still paying off 2013 Christmas debt

With Christmas now just two months away, research conducted for debt advice and solutions provider Debt Advisory Centre (DAC) has found that one in 10 (10%) adults in the UK are still paying back the debt they built up last Christmas on loans, credit cards or other forms of borrowing.

Generation Y turning to high-cost credit

People aged 17 to 24 who are struggling to make ends meet are more likely to turn to risky credit options like a payday lender, than other types of credit.