Salisbury debt victims 'scared of repossession'

7 March 2008

People in debt in the Salisbury region have stated that they are fearful of losing their homes and encounters with bailiffs, it has been claimed.

Christians Against Poverty revealed that 71% of these individuals are scared they will lose possessions and in many cases do not want to leave the house, reports the Salisbury Journal.

Andy Eyre, Centre Manager for the organisation, told the news source that they sometimes leave it very late to attempt to get advice, something that minimised the chance of help.

He commented: "We cannot explain the relief we see on clients' faces when they realise that their problems are not too big to overcome and we aim to offer hope to those in desperation."

Those who contact the group have often tried every other channel to deal with their situation, he suggested, but it can be considered "a last resort".

In Wales, the Insolvency Service recently announced that bankruptcies have grown due in part to credit card bills, News Wales reported.

If you're paying too high an interest rate on your cards then it's time to transfer your balance to a different card. uSwitch.com's impartial and comprehensive service lets you compare credit cards so you can find the one with the best rates and switch online, for free. Do a balance transfer and cut your interest today.

Start switching

< Back to market news

© 2008 Adfero Ltd

Content for the uSwitch.com market news service is provided by a third party, Adfero Ltd. Whilst uSwitch.com makes reasonable efforts to check the reliability of this content, uSwitch.com does not guarantee the accuracy thereof or endorse the views or opinions given by Adfero Ltd, unless expressly stated otherwise.