by Lamiat Sabin
YOUNG adults renting their homes and working in insecure jobs are most likely to struggle with debt, a charity said yesterday as it reported receiving a record number of cries for help.
A total of 313,679 people with unmanageable money problems sought advice from StepChange Debt Charity between January and June, which is the highest six-month figure since 2011.
They owed an average of £13,826 each in credit card debt, overdraft spending, rent arrears and personal loans.
Most people affected have insecure work contracts and part-time jobs and are vulnerable to the lure of credit to meet high bills and unexpected expenses, the charity warned.
StepChange chief executive Mike OConnor said: Problem debt cos…
Read the full article at: http://www.morningstaronline.co.uk/a-4787-Debt-charity-gets-record-cries-for-help/a-4787-Debt-charity-gets-record-cries-for-help
