Pirate FM News

Cornish Families Dicing with Debt

news_money_pounds.jpg

Published by the Pirate FM News Team at 7:01am 14th June 2012.

It is revealed Cornish families are living paycheque to paycheque, and still falling short by six pounds.  

According to debt advice charity Consumer Credit Counselling Service, some households in the Duchy do not have enough money to cover for basic living costs. The average family asking for help are £6 in the red by the end of the month.

That is before tackling loans and credit card debts.

Local mum Justine admits her income only just covers her costs: "It's a big worry, especially because my mortgage has just gone up as well, so if things start getting more expensive and I can't earn more money, then I probably won't be able to stay in my house, so my children will not be able to stay in their home.

"I'm eating into my savings all the time, just for living though. You know, it's not good psychologically doing that, because you see them just slipping away and you know you're going to get to a point where there's nothing left in reserve."

481 people in the Truro area contacted CCCS last year. They owed an average of £17,187.

Email Icon

Sign up for exclusive news, competitions and offers.
Proper Local News updates from Pirate FM

Suggested articles

Family living on 'ghost estate' after dozens of homes demolished

National News: A family from Manchester are living on a "ghost estate" after dozens of homes around them were demolished or emptied.

LISTEN: 999 call handler up for an award after Cornish rescue

Cornwall News: A police inspector collapsed on the coastpath and couldn't breathe

Pirate Extra Pirate 70s Escape LoveCornwall