In the first two months of 2022, Advice NI’s Debt service has already dealt with over £3.5 million of debt. It is concerning that the average household debt of our clients is currently £3,727.24, an increase of 21% since the same period in 2021.
Responding to Chancellor Rishi Sunak's Spring Statement, Advice NI's Chief Executive Bob Stronge said:
Since January 2021, our debt service has advised 3,809 clients and dealt with over £19 million in debt.
This guide provides information on payments and grants available to low-income households, grants available to higher income households, and other useful information and support.
“We had expected an announcement from Power NI following on from rises across the energy sector and unfortunately we may yet see further rises in all energy costs in the New Year,” said Bob Stronge, Chief Executive
Northern Ireland’s largest advice charity Advice NI is encouraging people to avoid getting into costly debt over the Christmas period.
Communities Minister Deirdre Hargey met with the award-winning team providing debt advice at Northern Ireland’s largest advice charity as part of Talk Money Week.
Advice NI and its members are celebrating being named Debt Team of the Year in the UK.
This client reached out to Advice NI’s Debt Service by email. The client lives with his partner with no dependents and no assets.
Mindwise recently launched their Mental Health and Money Advice Service in Northern Ireland. It is part of the Mental Health UK’s two year charity partnership with Lloyds Banking Group in Northern Ireland.