Citizens Advice Bureau (CAB) has announced a new campaign which aims to show young people the realities of getting into debt .
Through short films focusing on the lives of normal under-25s who have experienced debt problems, the organisation will highlight the services it provides for young people who have financial problems.
One subject of the films is Scooby, who withdrew £10 from his current account which was in credit by only £9, resulting in £600 of interest when he neglected to stay in the black.
He said: "I knew I needed to get help and thought 'I've got nothing to lose' so I went down to my local CAB . Within four months they'd helped me clear my debts, it really was like a weight lifted off my shoulders."
Recent research by Kensington Financial Management Consultants found that 25 per cent of British people have fallen into debt due to shopping.
Debt campaign for young people launched
Mon, 15 Jun 2009
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