Worried Britons are asking for help from Citizens Advice Bureau as debt increases

A massive number of Britons are now turning to the Citizens Advice Bureau for advice as their debt increases and are finding it harder to manage. The Citizens Advice Bureau has said that they have had an increase of at least 20% in people asking for financial advice.

CAB has said that one in three of their calls are not to do with debt advice, CAB advisers in England and Wales are now dealing with at least 6,600 debt related problems working day, a number that they feel will keep rising as more people apply for credit as the cost of living goes up.

One area that has caused most of the debt trouble is with credit cards, as it seems easier to get a credit card, and these companies just love to up your spending limit. CAB say that one in four of their debt related inquires relate to credit cards.

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