Figures from DEMSA (Member of Euro Debt Financial Services) have carried out an annual survey showing the reason why people get into debt problems. The top reasons are as follows;
A spokesman for DEMSA said “There is no doubt that many consumers need help managing their finances and taking control of their debts”.
Tim Corfield comments “These statistics reflect what we find in practise. The important thing for any person who feels they are struggling with debt is take professional advice. We suggest they call a local Insolvency Practitioner and have a no obligation discussion, preferably face to face as soon as possible to see what their options are “.
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