The patterns of the recession are desperately difficult to predict but with the press starting to suggest the recession is getting better I cannot see this myself.
With the general conditions in the financial markets stabilising this may be the case for the big end of the market but I think in the small end the true force of the recession has yet to wash through.
The general public seem to be cutting back in many areas but I wonder how long it will take for there to be a shortage of for example: cars, as no one seems to be buying them new. A shortage will mean stronger prices for used cars and less people being able to afford them. Maybe not a bad thing in the long run, but I think not everybody is ready for this...
Monday, 15 June 2009
Tuesday, 2 June 2009
Splitting up caused by debt. Two Birds with one stone.
It always amazes me how many people we help here at Debtaid who have split from their relationship because of the debt they are in.
This cycle of debt gets even worse when both people are living apart because it is so much more expensive to live alone.
In most cases simple advice is all that is needed to sort out the initial debt problem and therefore save the relationship. We ask "would there be a problem without the debt" the answer is usually "no". The gradual build up of debt forces pressures on relationships eventually which can be difficult to control.
The other point people are worries about is being responsible for the partners debt. This is simply not the case and even if they are married those debts remain the responsibility of the individual named on the account.
It's a good feeling to sort out the debt and therefore eliminate the problems in a relationship, and it can all be done very easily in most cases. There are loads of advice lines about including Debtaid (Freephone 0800 0722 332) if this sounds a familiar situation pick up the phone and kill two birds with one stone.
This cycle of debt gets even worse when both people are living apart because it is so much more expensive to live alone.
In most cases simple advice is all that is needed to sort out the initial debt problem and therefore save the relationship. We ask "would there be a problem without the debt" the answer is usually "no". The gradual build up of debt forces pressures on relationships eventually which can be difficult to control.
The other point people are worries about is being responsible for the partners debt. This is simply not the case and even if they are married those debts remain the responsibility of the individual named on the account.
It's a good feeling to sort out the debt and therefore eliminate the problems in a relationship, and it can all be done very easily in most cases. There are loads of advice lines about including Debtaid (Freephone 0800 0722 332) if this sounds a familiar situation pick up the phone and kill two birds with one stone.
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