Wednesday 22nd of December 2010
Britons worried their debts are getting out of hand may want to ask individual voluntary arrangement questions, as one expert has suggested it is healthy to talk openly about money troubles.
Founder of Moneymagpie.com Jasmine Birtles noted one of the positive outcomes of the recession has been a willingness for people to share their financial concerns.
The specialist said of the development: "I'm glad to see it happening and I think it is very much part of the credit crunch."
She added the spending review has had the effect of making individuals up and down the country feel as though they are all trying to deal with the problem together.
The middle-class indebted people have even become more open about discussing their monetary position, Ms Birtles went on to point out.
Her comments follow recent research carried out by Lloyds TSB that discovered 57 per cent of those questioned now feel more positive about the way they handle money than they ever have before.
By Kimberley Parsons
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