The Credit Crunch and general downturn in the UK economy has pushed many consumers towards financial breaking point.
People already in debt can no longer easily secure quick-fire solutions like balance transfers or debt consolidation loans, leaving them with limited options to dig themselves out of the red.
The situation isn't much better for the rest of the UK. Many consumers who aren't already in debt, are quickly sliding towards serious financial problems because of rising household bills and an increased cost of living.
But what's the solution? Unfortunately, the simple answer is, there isn't one.
To beat the credit crunch and stay out of the red, consumers need to wise up to their finances and save money wherever possible.
With this in mind, we've put together a number of money saving solutions to help consumers during the credit crunch and listed them below.