debt

Trading Standards warn of loan sharks as households borrow to meet rising costs

More than a quarter of people are resorting to using credit cards to buy food, and a fifth have borrowed money in order to pay for rising prices, it’s reported .

A poll by Ipsos, carried out for Sky News, shows that 18 per cent of respondees have borrowed money in the last year to pay for rising costs of living.

“Borrowing from reputable sources is one thing, but people, who...

Mums forced in to debt after arguments over child support

New research has revealed that when parents split up, mums often find themselves struggling to cover their basic living costs, with 39 per cent taking out loans or relying on their overdrafts to make ends meet.

A staggering quarter of mums said they don’t receive any regular financial help from their child’s father, leaving them to cover the cost of raising their child by themselves...

500,000 people in SW cutting back on winter essentials to pay rent or mortgage

The New Year may not be very happy for hundreds of thousands of people in the South West, as research by Shelter reveals a fifth of rent or mortgage payers in the region are cutting back on winter heating and clothing to meet their housing payments. This is the equivalent to 500,000 people.

The study by housing and homelessness charity Shelter and YouGov shows the strain people in the...

Avoiding debt before and after Christmas

Plymouth residents are being advised on how to avoid getting into debt before and after Christmas.

Many people struggle financially at Christmas in particular, and Advice Plymouth and Plymouth City Council are offering tips and advice to help people avoid debt and manage their finances.

Figures released this month by the national StepChange Debt Charity show that 804 people in...

Debt still a real problem in Plymouth

Many Plymouth residents are still facing a daily struggle with debt despite the UK’s gradual economic recovery and a fall in the number of people seeking advice, a leading debt charity has warned.

Figures released today by StepChange Debt Charity show that 804 people in the Plymouth area called its helpline for advice in the first half of 2015 with average debts of £11,358. After they...

Shelter reveals SW home threat hotspots

Alarming new figures from housing charity Shelter have revealed almost 500 people in the South West were put at risk of losing their home every week in the last year.

In an analysis of statistics from the Ministry of Justice, the charity identified how many people are at risk of eviction and repossession as well as the ‘home threat hotspots’ across the South West where people are most...

One in six of us hide housing woes

New research reveals that that one in six people in Britain have kept secrets from their loved ones by hiding or lying about rent or mortgage troubles.

Research from Shelter and YouGov paints a picture of a nation of ‘secret strugglers’ who are keeping housing worries from their partners and families. People reported secretly taking out loans, selling items such as jewellery, and even...

One in nine people fear missing rent or mortgage payments

Thousands of rent or mortgage payers across the South West might be facing a not-so-happy new year, as new research reveals one in nine are worried they will be unable to make payments this January.

Research from Shelter and YouGov paints a bleak picture for many this winter, with 65% of rent or mortgage payers in the South West revealing they are already struggling to keep up with...

Don't face you troubles alone...

Most people feel worried, low, fearful or distressed at some time in their lives and these feelings often appear heightened at during the festive period.

Money or health worries, loneliness, or family tensions, don’t simply disappear just because it’s Christmas. In fact, these stresses can be worse at this time of year.

The hype associated with Christmas and New Year can make...

Avoiding debt over Christmas and New Year

Plymouth residents are being advised on how to avoid getting into debt this Christmas.

Christmas is traditionally a time of year when many people struggle financially and Advice Plymouth and Plymouth City Council are offering tips and advice to help people avoid debt and manage their finances.

Around a third of adults in Plymouth are over-indebted and Plymouth has higher levels...

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