165,000 using illegal lenders

Research undertaken by the Money Advice Trust has revealed that around 165,000 households in the UK owe money to an illegal lender. The Trust has this week launched an online information hub which is set to be the most comprehensive source of information relating to debt.

As debt in the UK has spiralled out of control in recent times, this online help service is set to aid debt charities and others in the advice sector who need access to debt statistics and other data that could help them help those in need of debt advice. 89% of people questioned said that receiving advice has helped them from getting into further trouble.

This entry was posted on 09/07/2008 at 12:38 pm and is filed under Debt. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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