Debt worries keep thousands awake at night

Tens of thousands of people are being kept awake at night by their debt worries, charities warned yesterday.

The squeeze on household incomes has become so “incredibly stressful” that people cannot sleep, they said.

Analysts warned the combination of a rise in the cost of living and pay freezes means the situation will get worse in the months ahead.

Almost 50,000 turned to one leading debt charity for help during the hours between midnight and 7am.

The highest numbers called between midnight and 1am, reaching 15,000, while the fewest called between 4am and 5am at 3,500, according to Consumer Credit Counselling Service.

Paula Searle, head of e-services at CCCS, said: “Dealing with unmanageable debt is incredibly stressful so it is not surprising that so many are kept awake worrying about their debts.”

Source: www.telegraph.co.uk