Personal debt levels up by £17,000 in Harpenden

PUBLISHED: 12:00 18 November 2018

Personal debt levels have increased in Harpenden. Picture: Danny Loo.

Personal debt levels have increased in Harpenden. Picture: Danny Loo.

©2018 Danny Loo Photography - all rights reserved

Personal debt levels in Harpenden rose by 11 per cent in the three months leading up to October.

This is according to latest quarterly UK Personal Debt Index (PDI), which showed the average debts in the town rose to £17,756, compared to £15,927 in the previous quarter.

The PDI is compiled by insolvency practice Creditfix. Its marketing manager, Taylor Flynn, said: “Summer is undoubtedly an expensive time of year. Schools are out and holidays are in full swing – the temptation to spend on family activities, going away and enjoying the sunshine is rife.

“However, if not managed carefully, overspending can be incredibly damaging as we head towards Christmas.

“Priorities change and the pressure to save up for presents and festive parties can become even more difficult if there is a financial overhang from the summer.”

Personal debt levels dropped by two per cent in St Albans, with the average falling from £16,341 to £16,030.

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CountryPhile

I should probably have taken the hint! Walking out into the garden recently an unprecedented flock of thirty or more crows raucously greeted me from the treetops at the bottom of my garden. Cawing and croaking these big, black birds clung clumsily to the top most branches and twigs, jostling and flapping to stay balanced in a constant flurry of feathers. There is always something ominous about crows – they are after all carrion crows, the vultures of the bird world – always watching for scraps and weakness that might mean their next meal.

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