Calls to the State’s debt advice service have soared as families in financial distress struggle to deal with skyrocketing inflation.
The Money Advice and Budgeting Service dealt with around 100 calls a day in September and October from householders drowning in debt. MABS helpline took a record 2,867 calls in September – the highest in a single month since January 2012 – and 2,148 in October.
The level of calls represents an increase of 35% in September and 29% in October compared to 2021, as cost of living protests were held across the country yesterday. MABS national spokesman Karl Cronin said the figure was alarming and revealed some clients clobbered by the cost of living were back for the SECOND time in a year.
