Families face debt squeeze as prices keep rising

Cost of living pressures mean a likely resurgence in people struggling to repay existing debt, a charity warns. …

Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means some people who were previously keeping to their DMP repayments are now finding it a lot more difficult. Rising domestic gas and electricity bills, and accelerating price rises, are likely to add to the strain.

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