Half of households burdened with debt

Unsecured debt has become harder to pay off for one in two households. Loans and credit card repayments have become a burden for British families. Over half of UK households saddled with financial worries found it difficult to meet loan and credit card repayments, according to Bank of England research. The annual report, which polled 2,000 homes, found that 51% of respondents described their unsecured debts as a "burden" and one in two households said their disposable income had fallen over the past year.