Thousands in the borough of Rochdale have problem debts
Date published: 20 September 2017
Thousands struggling to pay bills
A fifth of the residents in the borough are missing bill payments repeatedly, according to research from the Money Advice Service.
Close to 32,000 adults (19.4%) are struggling with repayments, compared with a North West average of 16.9%.
Over-indebted individuals are defined as those who find meeting monthly bills a heavy burden, or those who miss at least three bill payments in a six-month period.
Nationally, the total number of people in such difficulties has risen by about 100,000 in the past six months to 8.3 million.
The squeeze on living standards induced by higher inflation and low wage growth could make it even harder for many people to repay their debts.
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1Rochdale born entrepreneur aims to take health platform stateside
- 2Toast of the town: Mayor of Rochdale celebrates 25 years at renowned bakery company
- 3Rochdale people could be charged for bins - and see a tax rise of 4.99% this year
- 4New chief executive appointed by Rochdale Council
- 5Castleton, Littleborough and Rochdale among stations to be served by Bee Network trains
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.