Credit Card Debt

UK Credit Repair - Credit Card Debt Guide

Credit Card Debt in the UK
It is a popular belief that failure to pay standard correctly issued credit card debts, loans, utility bills, store cards and other credit debts that were applied for and obtained legally and above board is purely a civil matter and you cannot go to prison for these debts even if you willfully refuse to pay them, but it is technically possible if you willfully obstruct the a county court attatchment of earnings order for example. This however rarely happens, and so the popular standpoint almost holds true! As of April 2007, UK households were on average 17,000 pounds in debt each in just personal loans, stor cards, and credit card debt.

More about Credit, Loans and Credit Card Debt in the UK
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