Belfast Telegraph

Friday 24 October 2014

Advice body handles queries on £30m debt worries

Consumers in Northern Ireland sought advice for debt totalling almost £30m in just one year.

Statistics outlined in a report published by Advice NI yesterday showed an average debt of £17,000 per client in financial difficulty. Mortgage debt made up 32% of the total figure — followed by credit card debt.

The independent advice network also said 1,642 clients with 5,090 debts sought face-to-face debt advice from November 2009 to October 2010. At a briefing at Stormont yesterday, Enterprise Minister Arlene Foster pledged that her department would fund the project for another year.

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