Belfast Telegraph

Debt repayments 'cost 60% of monthly income'

The typical person struggling with debt spends nearly 60% of their income on repayments each month.

The Consumer Credit Counselling Service said the average person owed £22,476, with monthly minimum repayments totalling £676. Repayments accounted for an average of 58% of people's monthly income, leaving the typical person with just £498 to pay all other outgoings.