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Originally posted by 5corpio
Debt problems soar for under 25's

More young people are struggling with debt problems, according to Citizens Advice, which received 700,000 enquiries in a year from those under the age of 25.

The debt charity announced a 14 per cent rise in housing-related enquiries from this age group, with 26,204 enquiries made about privately-rented property between April 2010 and March 2011, up 10 per cent on the previous 12 months.

Housing benefit became the most sought-after form of advice with under 25’s making 27,841 enquiries about it, up two per cent on the previous 12 months.

Enquiries about debt relief orders, a bankruptcy alternative, also rocketed by 27 per cent to 19,681 throughout the 12-month period and 18,682 enquiries were made about telephone and broadband debts, a seven per cent increase......Click HERE to read more