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Levels of unsecured debt in Scotland increased dramatically during 2022 as the cost of living crisis took its toll on household finances.
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Close to half a million Scots are in a position of profound financial hardship, according to a new set of figures.
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Debt help providers from Scotland are calling for an end to policies that see energy companies forcibly installing prepayment meters in their customers’ homes.
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Disabled people in Scotland are being urged by the government to check whether they might be eligible for benefits that could help make their life a little easier.
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The government has said its next wave of ‘Cost of Living’ payments will be sent out to eligible recipients in early May.
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The number of people seeking out debt advice from the charity StepChange increased by around 20 per cent last year.
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As many as one in seven Scottish adults are having to get by on as little as £20 each month beyond what they need to spend on bills and household essentials.
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Households across the UK will continue to benefit from a government-imposed cap on energy bills between April and the end of June this year, chancellor Jeremy Hunt has announced.
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A majority of Scottish consumers who have fallen behind on their debt repayments recently are yet to reach out for third party help in dealing with the associated issues.
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Charity organisations are calling on the UK government to distribute cash payments worth up to £1,500 to help low income and indebted households pay their energy bills.
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Issues associated with increasing debts are having an impact on the mental health of adults across Scotland.
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Demand for advice on issues linked to energy debts has been soaring across Scotland in recent months, according to a leading debt help charity.
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