Demand for help with debt is expected to reach a five-year high as more families struggle to pay household bills, according to National Debtline.
The charity, which is run by the Money Advice Trust, says it expects to receive 189,000 calls by the end of the year the highest level in half a decade with webchat and online demand also increasing.
It says that while fewer people are seeking advice about credit cards, loans and overdrafts, people are reporting more problems with smaller and trickier debts on household bills.
Half of all callers are now struggling to repay debt of £5,000 or less up from just 22% in 2008.
National Debtline says that people are finding it difficult to repay these smaller levels of debt as they …
Read the full article at: https://www.moneywise.co.uk/news/2018-09-04/households-struggle-to-pay-bills-demand-debt-help-hits-five-year-high