Debt management solutions will be needed

2008 will almost certainly start with more people than ever looking for debt management solutions in the wake of excessive Christmas spending.

The UK payments association has forecast an expensive winter for most Brits, with total consumer spending set to surge past £53 billion over the festive period.

This would respresent over a 4% rise in spending on last Christmas and leave even more consumers facing up to a new year of managing their debt.