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Average debt among people seeking help passes £10,000
Original: Average sum owed by people seeking debt help passes £10,000 - Citizens Advice https://www.standard.co.uk/business/money/
Citizens Advice says the average amount owed by people turning to it for debt help in England and Wales has risen past £10,000. The charity's figures point to growing financial strain on households, with rising numbers seeking support as living costs and borrowing pressures continue to bite.
Why now: New Citizens Advice figures highlight deepening household financial strain amid the cost of living crisis.
Evidence
- Average sum owed by people seeking debt help passes £10,000 - Citizens Advice https://www.standard.co.uk/business/money/citizens-advice-people-wales-england-b1299698.html # Money # Business # Economy · the_standard@robot.villas · 4
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