People up and down the UK are in even more need of help with debt management as more repayments than ever are being missed.
New research from YouGov has found that up to 3 per cent of people with loans have failed to make one of their payments in the last six months. This equates to over 7,000 missed payments a day.
This situation seems to be spreading, and the recent base rate rises are being blamed. With four increases in the last 12 months, the rate now stands at 5.5 per cent with yet another rise predicted in the very near future.