Debt problems mounting for MK residents

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Milton Keynes is a UK debt hotspot according to a leading charity, with more than 1,500 people seeking help over the last two years.

The National Debtline is a free advice service available to 
people across the UK, which is run by the Money Advice Trust.

Over the two years 2013-14, 1,536 people in Milton Keynes called the charity for help and advice.

And the charity fears that the real figure of people with money problems could 
actually be worse.

Joanna Elson OBE, chief executive of the Money Advice Trust, said: “Whoever is elected as MPs for Milton Keynes May 7 needs to put promoting free-debt advice in the area near the top of their to-do list after the General Election.

“While National Debtline has given more than 1,500 advice sessions to people in the city in the last two years, we know that potentially 
thousands more are suffering in silence.”

According to the charity only one in six people with 
unmanageable debt problems in the UK seeks advice.

The charity has also 
received 94 calls to its 
Business Debtline Service from Milton Keynes firms.

Joanna Elson added: “Our message to anyone in Milton Keynes who is struggling to cope with problem debt is simple: seek free advice from a debt charity such as National Debtline as soon as possible.

“The earlier you seek 
advice, the quicker and easier the problem will be to solve.”