Debt Advice Enquiries Soaring In Jersey
Thu, 20 May 2010
Debt is becoming a growing concern for people in Jersey, with new figures showing the number of people seeking advice about debt rocketed by 53 per cent last year.
The latest annual report from Jersey's Citizens Advice Bureau (CAB) showed inquiries for debt advice totalled 1,264 in 2009. It also revealed that the average client was some £21,500 in debt .
Lynda Taylor, a debt advice caseworker for the CAB, said: "The people who get into debt are from all walks of life, single people, families, even the elderly as well - it's a case of it can hit anyone."
CAB manager Francis Le Gresley said the growing debt problem in Jersey is largely due to the recession, and that the islands government is not focusing enough on issues caused by the downturn.
Mr Le Gresley commented: "I think it's the perception that the States of Jersey maybe should be addressing some of the issues caused by the recession to the man in the street."
"We cite, for example, youth unemployment which is a very big problem and will increase this summer when our current students leave school."
"Those are the sort of issues that we feel at the bureau should be receiving high priority."
The latest annual report from Jersey's Citizens Advice Bureau (CAB) showed inquiries for debt advice totalled 1,264 in 2009. It also revealed that the average client was some £21,500 in debt .
Lynda Taylor, a debt advice caseworker for the CAB, said: "The people who get into debt are from all walks of life, single people, families, even the elderly as well - it's a case of it can hit anyone."
CAB manager Francis Le Gresley said the growing debt problem in Jersey is largely due to the recession, and that the islands government is not focusing enough on issues caused by the downturn.
Mr Le Gresley commented: "I think it's the perception that the States of Jersey maybe should be addressing some of the issues caused by the recession to the man in the street."
"We cite, for example, youth unemployment which is a very big problem and will increase this summer when our current students leave school."
"Those are the sort of issues that we feel at the bureau should be receiving high priority."
Recommended links
What to do if you have debt problemsFree debt help enquiry
Types of debt
Bankruptcy and debt
Consolidating and managing debt
Collecting debts
Writing off debts
Debt stress support
Debt management tools
Practical debt test
Individual Bankruptcy Petitions Up 20 Per Cent
Deloitte Warns Over Personal Insolvency Levels
Bad Debts Improve At Clydesdale And Yorkshire Banks
Personal debt rises dramatically
Charity Handles Over 93,000 Calls For Debt Advice In Q1
Record Debt Enquires Made As More Brits Struggle With Basic Living Costs
New Year Debt Enquiries Set To Surge
| news |
|---|
| Saving deemed less cost effective than paying down debt - Wed, 01 Feb 2012 |
| Mortgage holders saving rather than paying down debt - Mon, 30 Jan 2012 |
| Most expensive debt should be paid first - Fri, 27 Jan 2012 |
| More News |






