Dingwall debt soars
Published: 19:00, 12 November 2018
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.