Debtors seeking support from loved ones
Originally posted by 5corpio

Nearly one in five people struggling with debt owe money to friends or family after borrowing from them to keep up repayments to creditors, according to the Consumer Credit Counselling Service (CCCS).

The debt charity said 18% of its clients owed £3,530 on average to a friend or family member in 2010 after turning to them for extra support because they could not keep up debt repayments.

This figure represented more than one sixth of clients' total average unsecured debt of £22,476, according to the charity. The average monthly repayment agreed by clients who borrowed from family or friends was £124 - making up one of the five or six debt repayments that the typical person contacting the

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