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While there are lots of people struggling with debt in Scotland, the amount being owed varies around the country, according to shocking new figures.

Indeed, one recent survey has revealed that for people living in Perth, their levels of debt are much higher than the UK average.

But that’s not all, the amount of debt in the city has increased by nearly 10 times the national average for the amount owed on credit cards, bank loans and payday loans.

The average amount being owed in Perth is £16,598 which is an 11.3% rise over the past year. The average increase across the UK is 1.6%.

Other cities in Scotland are also showing high levels of average personal debt include Fife with £16,129, a 5% increase over the year, and Angus where the debt is, on average, £20,243 but it has fallen by 2%. People in Dundee owe on average £12,092.

People struggling with personal finances

One financial expert told a newspaper that it was ‘troubling’ seeing so many people struggling with personal finances and with an unpredictable future economic climate.

He added: “Just to make ends meet, people are borrowing more.”

The expert also points to the widespread easier access to credit which helps to fuel the cycle of increasing debt and steps need to be taken to bring the level of debt under control.

However, one of the reasons for the current levels of high debt in many parts of Scotland is because of people facing expensive summer months with having to pay for additional childcare and having children out of school so the family trips and holidays to pay for, claims one charity.

They say that those living in poverty are increasingly approaching it for help as they are increasingly falling behind on mortgage and rent payments as well as their bills and many are facing the prospect of losing their home.

The charity also says that many of those who are looking for help are in work but have low wages and need to support their family.

People in Scotland struggling with debt

A spokesman for the Scottish government said a number of measures have been put in place to help people in Scotland struggling with debt and provide support.

He added that while the figures point to fewer people in Scotland being made bankrupt, the latest statistics showing an increase in personal debt levels is a concern.

Perhaps the most important thing that someone struggling with debt can do is to seek independent help and advice such as that provided by Scotland’s Trust Deed.

That’s because there’s a helpful team of debt advisers available for a confidential discussion every day and their advice is impartial so you don’t have to follow it.

For instance, the team may discuss the benefits of undertaking a Scottish trust deed which will help people repay what they owe.

One of the benefits for the trust deed, and it’s only available to those living in Scotland, is that they will be able to repay what they can afford over a period of time and the amount that’s left is written off.

If you do not qualify for a trust deed

However, if you do not qualify for a trust deed there’s no reason to despair since there are other debt solutions available to those who live in Scotland.

Among them is a debt arrangement scheme which is run by the Scottish government.

This avenue for resolving debts is similar to a trust deed in that someone undertakes a legal agreement to repay what they owe over a longer period of time except they will repay everything and there is no amount to be written off.

Help and advice about a trust deed in Scotland

For more help and advice about a trust deed in Scotland, as well as the debt arrangement scheme, then it’s time to speak with the friendly team of debt advisers at Scotland’s Trust Deed.