Debt time bomb: countdown to a household debt disaster
A hidden debt time bomb is about to go off. Millions of people are living on empty, seeing their basic spending overtake their income each month. They’re building up debt just to get by, with no way of repaying what they already owe. This isn’t about people borrowing more than they can afford, or not budgeting well enough to repay debts. Our expert advisers do all they can to help people get out of the red, but for many the sums just don’t add up.
Read more about this developing debt crisis via We Are Citizens Advice: https://wearecitizensadvice.org.uk/debt-time-bomb-countdown-to-a-household-debt-disaster-e596d10996fe
