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The new figures show that Clydesdale citizens have average debts of over £19,000 in total

The new figures show that Clydesdale citizens have average debts of over £19,000 in total. There was an increase in referrals to the Carluke-based Clydesdale Food Bank of around 27 per cent over the most recent festive period. Experts are increasingly concerned that the direct correlation between high debt figures and high food bank usage should not be overestimated.

The average debt of those living in the Glasgow region of Eastwood has reached £23,000, putting them ahead of Clydesdale as the region with the highest amount of debt. These shocking figures have caught the attention of charities and debt advisory services. A spokesperson from Step Change stated: “It is a very worrying trend that our Clydesdale clients are second in the average outstanding debt statistics.

“A rural area like Carluke can be more affected by things like high petrol prices and delivery changes. People are using food banks more and more, although that is not the case with all of our clients. You could be in the middle-income or high-earning bracket and still be in debt.”
As experts in debt solutions, Trust Deed Scotland takes a keen interest in relevant news. A spokesperson from the company made the following statement: “The debt trends in Clydesdale and Eastwood are certainly concerning. With such a high debt figures, it is little wonder that visits to food banks are one the rise.

“It is clear that citizens of both Clydesdale and Eastwood need expert debt advice that will highlight the best forms of debt management solutions. Debt affects the lives of Scottish citizens from all walks of life and the recent figures should certainly act as encouragement to tackle spiralling debt problems.”

Trust Deed Scotland® Ltd is a leading debt advisory service for Scottish residents. They are 100% owned and operated in Scotland, with a 98% trustpilot rating owing to their free, qualified debt advice. They are able to advise on the suitability of Trust Deeds and a number of alternatives, including The Debt Arrangement Scheme, Debt consolidation and Sequestration.

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