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Last Updated: Wednesday, 19 November, 2003, 06:23 GMT
Debt drive gets expert support
Bills
Borrowing and debt have continued to rise
A UK Government drive to tackle the country's debt crisis has won backing from Citizens Advice Scotland.

The organisation said it had been sounding the alarm bell that personal debt is out of control for some time.

Debt is the single biggest issue that Scots take to their local Citizens Advuce Bureau (CAB).

The Office for Fair Trading is launching its Help Yourself Out campaign to urge people not to ignore their debts and to seek impartial advice.

Last year Scotland's 70 frontline bureaux handled debt totalling �90m.

The poorest among us are often charged interest rates that would outrage even the most comfortably off
Kaliani Lyle
Citizens Advice Scotland
It is estimated that excluding mortgages, each Scottish household owes almost �7,000.

The new move comes amid concern that the pressures of Christmas often drive people to borrow more.

Citizens Advice Scotland has called on legislation to be tightened up on companies which push credit aggressively and irresponsibly at people who cannot afford it.

Chief executive Kaliani Lyle said: "It's headline news when mortgage interest rates and the number of people in negative equity goes up.

"But what about the number of people who are thrown into debt simply through trying to buy Christmas presents for their children, or having to pay an electricity bill or repair a cooker?

"The poorest among us are often charged interest rates that would outrage even the most comfortably off."


SEE ALSO:
Fears over debt crisis
20 Aug 03  |  Scotland
New debt law backed by MSPs
13 Nov 02  |  Scotland
Ministers unveil debt proposals
08 May 02  |  Scotland
Ministers 'must act on debt'
14 Feb 01  |  Scotland


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