Brits try to ditch the debt

More people are clearing mortgage debt than are increasing it, according to new research from moneysupermarket.com. 40% of UK adults have reduced their outstanding borrowings, with 16% claiming to be ‘in a lot less debt now compared to one year ago’. However, more than a quarter (27%) of British adults have taken on more debt, with 8% reporting that their debt has increased ‘a lot’ over the past 12 months. Of those still in debt, 14% believe debt will always be a part of their life. Th

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Brits try to ditch the debt