A recent survey conducted by one of the UK’s leading debt advice sites has discovered that the identification of a practical solution to the countries current debt crisis, is of paramount importance to Brits in today’s modern society.

Reportedly, over 35% of UK residents consider our nations debt problem to be more case sensitive than active threats of terrorism, practical healthcare reforms or changes in CO2 production in order to curb damage to the environment.

In addition, a staggering 85% of people believe that certain forms of credit such as credit cards, personal loans and overdrafts should be approved more sparingly, and around 10% of people believe that serious debt solutions such as IVA’s and Bankruptcy are also entered into to easily by the indebted.

Numerous representatives from different sectors of the debt industry are currently in talks with Government officials, in an attempt to reach an amicable solution in order to defuse the bomb that is consumer debt.