Families 'struggling to repay debts'

Job losses and falling incomes look set to leave rising numbers of households unable to repay their debts, the Consumer Credit Counselling Service warns in a report today.

The CCCS said many families were struggling in the face of falling or stagnating incomes and rising living costs, while in the worst cases people risked losing their jobs.

The charity warned that families were the most vulnerable, with people who had two children having an average of just £62 a month left to repay debts after meeting all of their essential outgoings.