Debt ridden consumers calling on Chancellor

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 1, 2006 -- London (loans-bazaar) 29 November 2006: A good number of consumers are calling on the Chancellor with a hope that he will tax the companies that provide high interest loans. If executed, this will be one of the most popular move from Gordon Brown.

According to research made by accountants and business advisers, BDO Stoy Hayward, individual taxpayers have the belief that the government should act to check consumer debts by taxing the high interest loan provider companies.

The depth of debt problem of UK consumers can be assessed from the fact that it has recently exceeded �1.25 trillion, 10 per cent more than the last year. It is now the third most important issue to taxpayers.
In this connection it may be mentioned that debt consolidation loans allow the borrower convert his entire debts into one loan and make it easy to get out of the debt problem easily. Going online people can avail a better deal on debt loans.

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