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Debt charity sees record 300,000 make call for help

By Vicky Shaw

A charity has dealt with a record number of cries for help from people struggling with debt during the first half of 2016.

More than 300,000 people sought advice from StepChange Debt Charity between January and June, the highest half-year figure since 2011.

A total of 313,679 people sought help in the first half of this year. Those in unmanageable debt owe around £13,826 each, with credit cards, overdrafts and personal loans the most common source of problems.

The charity's data suggests those affected by unmanageable debt are increasingly likely to be younger, working part-time and renting their home.

Nearly one in five (19%) of the charity's clients are part-time workers, up from 16% in 2011. The charity said zero hours, part-time and temporary contracts are contributing to people's financial vulnerability.

Belfast Telegraph


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