Online deals 'offer best prices to boost debt management'

UK homeowners have been advised to use online comparison sites to help get the best deals on their utilities in order to boost their debt management efforts.

Emma Bush, a spokesperson for uSwitch.com, said in many cases, the best deals can only be found online and therefore it is in the consumer's best interest to use these services.

She advised: "Make sure you have your postcode and your usage data available and then you can run a comparison so then its specific to you, with reference to your last year's usage, going forward."

According to npower, the firm plans to cut its gas prices for up to two million customers by an average of seven per cent.

These cuts will come into effect on March 26th and will see Single Fuel Gas customers save £62 annually on average and Dual Fuel Gas customers save up to £54.

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The cost of making phone calls from landlines has increased, one organisation has said, which could affect those struggling with debt management.

A quarter of Britons are worried about the possibility of a rise in the base rate, according to one study, which could negatively affect those with debt management problems.

More people could face bankruptcy as unemployment rises, it has been claimed.

Cuts to housing benefits will affect hundreds of thousands of people, one organisation has claimed, which could include those struggling with debt management.

Anyone looking to remortgage their home to deal with debt management issues may struggle because of the falling house prices.

People claiming Jobseeker's Allowance are finding it difficult to keep on top of their debt management responsibilities, it has been claimed.

One of the signs a person may be struggling with debt management is that they only ever make minimum repayments on their credit card, one organisation has said.

Debt management problems in the UK could still be prevalent after new figures from the Bank of England showed record amounts of write-offs for credit cards.

There was an increase in the number of people looking for debt management advice from Citizen's Advice Bureaux in the first three month of 2010.

Filing for bankruptcy in cases of financial difficulty may not necessarily always be the easy option.