UK residents in debt could be at serious risk of personal bankruptcy if they do not keep on top of repayments for mortgages and loans as the base rate seems set to rise.
As reports predict that the base rate will rise for a fifth time since this time last year, Brits must seeks advice if they are to avoid serious financial problems and possible bankruptcy.
The base rate currently stands at 5.5 per cent, with experts reporting that it could rise to 5.75 per cent in the very near future.