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Half a million borrowers seek debt advice in three months

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The number of people contacting Citizens Advice for help with debts soared by a fifth during the past year.

 

The charity said it dealt with 573,000 inquiries from people struggling to keep up with their borrowing during the three months to the end of September, 21pc more than during the same period of the previous year. Debt problems are now the single biggest topic on which it offers advice and the charity has handled 3.06 million inquiries on the subject since the beginning of the recession in April last year. Benefits account for the second most common issue on which people need help at 2.71 million, followed by employment and housing problems at 844,000 and 633,000 respectively. There was a 28pc jump in people contacting the charity because they had fallen behind with their mortgage or a secured loan during the third quarter, compared with the same period of 2008, while there was a 38pc rise in people with fuel debts. The number of benefit problems the charity dealt with were 21pc higher than a year ago, while employment problems are up by 17pc year-on-year.

 

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Half a million borrowers seek debt advice in three months - Telegraph


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