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Rise in overseas calls to debt helpline

31/03/2010

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  The UK’s leading debt charity, the Consumer Credit Counselling Service (CCCS), has seen a rise in calls to its helpline from people living outside the country who are struggling to repay their UK debts.

Over 500 people with debt in the UK but who live outside the country have contacted the CCCS already this year.

This is a 33% increase on the same period in 2009 when it received 375 overseas calls in the first quarter of 2009.

A total of 1,691 people called the helpline from outside the UK last year.

CCCS says that the increase in calls is driven by those living in the Eurozone.

Laura Carver, CCCS helpline manager explained: “The decreasing value of the pound is the main reason that those living abroad are struggling to repay their debts.

“We have had people whose income had allowed them to life comfortably abroad, and although that income hasn’t changed, they have been left struggling to make ends meet by the decreasing value of the pound. Many are considering moving back to the UK.”

You can call the CCCS free-phone helpline on 0800 138 1111, 8am to 8pm, Monday to Friday.
 

 

Source: Getting Paid

 

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