Debt across the UK
As the UK fights its way through the recession, families across the country continue to feel the brunt of belt tightening and struggle to make ends meet.
From London, Manchester and Birmingham to Liverpool, Glasgow and Belfast – nowhere has escaped the pressures of mounting bills, salary reductions or job losses – all factors that contribute to mounting debts.
Between March and May 2012, Credit Action reported that 1,607 people were made redundant – an incredibly high number in a very short amount of time.
Average household unsecured debt (excluding mortgage) stood at £7,854 and a huge £174 million a day was paid on personal debt at the end of June 2012.
It’s important to know that wherever you live in the UK, there is debt help available to you – you don’t need to struggle alone any longer.
If you’re interested in finding out how you could get out of debt, our friendly team can talk you though the solutions available.
