Desperate Dundonians have the highest personal debts in Scotland after turning to credit cards and loans to survive.
The average debt is an astonishing 20,000 and money experts blame a combination of the controversial Universal Credit system plus poor pay packets in the city.
The latest figures for personal debt index (PDI) have been revealed by personal insolvency practice Creditfix, and show the national average debt is 17,631.
The firm predicts the situation will only worsen as the summer holidays kick in with childcare costs, kids looking for fun days out or even just a meal that would have been provided at school.
Dundees Citizens Advice Bureau (CAB) has launched a new service for people struggling financially, including many who a…
Read the full article at: https://www.eveningtelegraph.co.uk/fp/dundonians-have-highest-personal-debts-in-scotland/