The debt charity, StepChange has published two new press releases on financial indebtedness.
The first publication, explains how the number of single parents approaching the charity for help has doubled over the last four years and they are now the fastest growing group among its clients. The figures show that single parents are more likely to be on lower incomes, in part time work and live in rented accommodation. Previous research by the charity has highlighted how low incomes and insecure work are increasingly leaving people vulnerable to debt, and such problems appear particularly acute for single parents.
The second publication, states that new figures from the charity show that people contacting it for debt advice are increasingly likely to work part time rather than full time. The charity also says that a third of those part time workers now owe money on their essential household bills, including rent or mortgages and Council Tax.