Test Article Summary
She says there are many different reasons why people struggle financially but the links between love and debt are becoming more apparent.
Good news for carers and those in low paid work but no end to the hardship for families affected by decade of austerity
Advice NI’s independent network supported 260,000 enquiries in 2022/23, claiming back £79 million. Europe Economics says debt advice reduces mental health-related spending by £93 million annually.
When an interest-only mortgage term ends with a shortfall, both borrowers and lenders are placed in a very difficult position.
Over half of NI households rely on credit cards and overdrafts to cover childcare during school holiday expenses. The budget allocation for childcare is only 6 per cent of the £400m required.
Our Head of Policy, Kevin Higgins, recently briefed the Northern Ireland Assembly's Committee for Communities.
Leading debt charity Advice NI has partnered with Relate NI to warn against romance scams.
NI’s largest advice charity dealt with 4,062 cases and £43.4 million in household debt during 2023.
