Rental debts remain high
11/02/2010The number of people falling into debt with their landlord fell in the last month, but the figure is worryingly high, according to an industry group.
The Association of Residential Letting Agents (ARLA) expressed concern after 55 per cent of their members reported an increase in tenants struggling to meet payments.
According to the group, unemployment has been the primary factor behind rental arrears during the recession.
With the jobless total likely to rise further in 2010, it seems that such debt problems are not likely to disappear soon.
Kevin Still, director of Atlantic, said that "prioritising payments to your landlord or residential letting agent (RLA) is very important.
Also key are council tax, utilities and any other expenditure that may put your home, family or livelihood at serious risk."
Atlantic work with landlords and RLAs to find amicable ways of helping tenants clear rent debts and also deal with credit card debts and other unsecured borrowing.
Debt problems - Household Finance Index
22/03/2011Debt problems could put an even greater pressure on homewoners finances in the coming year, followin ...
Debt problems – energy debt
16/03/2011People in the UK that are currently dealing with debt problems are having their situation made worse ...
Debt problems: advice options
09/03/2011Britons who are having to deal with debt problems at present do have a broad range of outlets when i ...
Debt problems: water meter
01/03/2011Debt problems that cause daily problems for the UK's consumers could be alleviated with the addition ...
