Want to use 0% annual percentage credit cards to get out of debt and stay there?

It is unfortunate that about half of the population carry around too much debt. On the bright side, there are still about half of the population who are able to keep their debts in check. The minority can still be unwittingly contributing to the economic slump.

Recent surveys are finding out that many citizens deny their financial problems, causing them to take action only after their financial matters become a big mess. Debt issues in the U.K. can be resolved through more prudent budgeting practices and a greater awareness of the actual terms and conditions of credit cards. Recent surveys suggest that 44% of individuals are trying to reduce their consumption of luxury expenses as an attempt to reduce their debts, but very few have taken more firmer actions such as debt consolidation and debt negotiation.