Media comment: StepChange statistics mid-yearbook

Wednesday 7th September 2016

Sheila Wheeler, Director of Debt Advice for the Money Advice Service comment in response to StepChange’s Statistics Mid-Yearbook:

“It is clear to see that there is high demand for debt advice services across the UK. These findings fit with our A Picture of Over-Indebtedness Report which found that 8.2million people across the UK are experiencing problem debt with young adults, single parents and renters at highest risk. Unfortunately only 17% are currently seeking advice. It is important for organisations from across the debt sector to work together to encourage people to seek advice as soon as possible. Anyone who is concerned about their financial situation can use the Debt Advice Locator Tool to find free, high quality advice in their area.”