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Consumers `increasingly experiencing debt problems` Over-50s `better at managing credit card debt` New banking rules `may restrict access to loans` UK `must reduce consumer debt` 700k `on Debt Management Plans` Recession `could lead to financial problems for retirees` Charity sees increase in debt, mortgage and loan arrear enquiries Retirees` finances `may be damaged by rate cut` Consumers `aiming to reduce spending` People `increasingly turning to illegal loans` Children raised in credit crunch `may be better able to manage money` Many parents `pushed into debt by adult children` Young people `failing to protect themselves for debt repayments` Consumers in East Midlands `relying less on debt to fund lives` Plans set out to help people in debt PPI ban `could leave consumers without loan cover` Govt `must step in to stop debt addiction` Cash-strapped Brits `see fraud as more acceptable` People `should not rely on mortgage rescue plan` Consumers `to take out £3bn in debt consolidation loans by Easter`

Charity sees increase in debt, mortgage and loan arrear enquiries

16/04/2009

A branch of charity Citizens Advice has reported an increase in the number of enquiries it has received concerning a range of issues, including debt, mortgages and secured loan arrears.

The Citizens Advice Bureau (CAB) in Swindon claims to have dealt with more than 13,000 different issues between April 2007 and March last year and is expecting an increase in the number of people turning to it for help, the Swindon Advertiser reports.

In order to help the organisation cope with rising demand for its services, the local council has signed a deal with it which will see it provide outreach sessions in five venues across the town.

Manager of the Swindon CAB Claire Newport said: "As people on low and moderate incomes are struggling to make ends meet at a time of increasing uncertainty about the security of their jobs and incomes, access to reliable, high-quality, free, independent advice has never been more vital."

A network of 246 CAB operates across England and Wales, with a further 22 in Northern Ireland.

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