As there are signs of recovery, Brits are turning back to borrowing as the amount of new debt rises again.

According to research by Unbiased.co.uk, in the first quarter of this year more debt was taken out than repaid.

This is a complete turnaround from the behaviour of the previous 6 months where people fighting the recession concentrated on clearing their debts.

Also in the first quarter the savings levels were at their lowest level since the research begain 9 years ago.

Worryingly, more people could be facing debt problems as the amount of debt rises.

Whilst there are options to take out unsecured loans to help, perhaps a better option than piling more debt onto credit card balances unless you have a good 0% interest deal, it’s important not to let debt problems get out of control. If you do it can lead to serious consequences.

Taking early action is critical. You can get debt advice from many sources, including the Citizens Advice bureau.

There are no quick fixes but with careful debt management you can take steps to clear your debts.