Debt 'has become more acceptable' by Finance News Bulletin

Published: 02/01/08

touching accounts from one bank to another is "easy", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" have an effect on home contents insurance, warns NFU MutualAxa is launching My Budget Day on November 21st in an effort to give confidence people to take control of their financesAccording to the Consumer Credit Counselling Service, this rise in receipt may be partly attributable to the increased number of people attending institution of higher education

A spokesman for the charity says it is "almost not possible" to go to university and not come out with some debt"Once people are used to the idea of money owing then its easier for them in the future, to take up credit cards and personal loans, because the stigma has already been removed by captivating out student loans during university," he explainedHe added that budgeting and custody a tight rein on outgoings are essential skills to avoid getting into money owing by overspending on credit facilitiesStudents preliminary university this year face a total

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