Shelter notes credit card debt consolidation issue

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Shelter notes credit card debt consolidation issue

Thu 6th Jan 2011

Housing charity Shelter has urged people not to use credit cards to pay for mortgage or rent costs.

Campbell Robb, chief executive of the organisation, explained that this is just "robbing Peter to pay Paul" and is an unsustainable situation for consumers.

His comments were made after the charity published research indicating around two million people in the UK use credit cards to pay for their housing needs.

"This research brings into sharp focus how keeping a roof over their head has become a daily struggle for millions across the country," said Mr Robb.

In his view, it is vital that people in such circumstances seek financial help to ensure they do not get pushed into a spiral of debt, eviction and potentially homelessness.

This week, Jaime Winstone appeared in a film for Shelter to highlight the issue, with the actress explaining that she wanted to support the campaign because it can be "scary" to have to use overdrafts and credit cards for such expenses.

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