Dingwall debt soars

By Staff Reporter

Published: 19:00, 12 November 2018

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Highland Council's budget wlill be set next week. Jobs will go, services will be reduced and the council tax will go up.

PEOPLE struggling with money in Dingwall have experienced a sharp rise in personal debt levels, according to new figures.

The latest quarterly Scottish Personal Debt Index (PDI) shows that average debts in Dingwall rose to £24,260 in the three months leading up to October, compared to the previous quarter when it stood at £16,555.

Scottish debt specialists Carrington Dean have compiled the PDI using a combined database of over 26,000 individuals in Scotland. Unsecured debt refers to any debt that is not protected by a guarantor or asset, and includes bank loans, credit cards and payday loans.

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Staff Reporter