The latest debt trends & analysis from our industry experts
If you’re part way through Debt Remedy...
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We say that payday loans should never be used to pay debt.
As this infographic demonstrates, payday loans are an increasing problem across the UK, with average rises in payday loan debt of up to £580 between 2011 and 2012.
<a href="http://www.stepchange.org"><img alt="Payday loan help" src="http://stepchange.org/portals/0/img/infographics/StepChange-Payday-Loans-Geographic-Infographic-v2.jpg" border="0" /></a>
“I wish to thank your staff for all the great help they gave me when I was in so much debt.They were a pillar of support to me.” (Leslie, Essex)
Foundation for Credit Counselling Wade House, Merrion Centre, Leeds, LS2 8NG trading as StepChange Debt Charity and StepChange Debt Charity Scotland. A registered charity no.1016630 and SC046263. It is a limited company registered in England and Wales (company no:2757055). Authorised and regulated by the Financial Conduct Authority.
*This is the average rating of our service based on the StepChange reviews on Feefo by DMP and DRO clients three months into their solution.
© StepChange Debt Charity 2017