This is due to a combination of factors – rising unemployment, a slower rate of salary increases and rising household expenditure.

Our quarterly Debt Dashboard, published in June 2010, showed that on average men had falling debt levels and higher salaries in comparison to women. However, men were less able to repay their debts, while an increasing proportion lacked the means to meet basic living costs.

The Facts

• The number of men contacting CCCS for debt advice has increased by 51% since 2007.
• Almost half (48.05%) attribute the cause of their debt to reduced income, including redundancy or unemployment.
• Men’s debt levels are dropping, from an average of £30,000 in 2007-08 to £26,957 in 2009.
• Despite this, the average male CCCS client in 2009 had a negative surplus of minus £42.

What can you do?

Debt can cause a huge strain and it is a common problem among the male population. It is quite common to feel helpless and unable to tackle your debt problems.

CCCS can help by providing free, practical, confidential advice. We can identify the most appropriate solution for your situation.

For example, if a debt management plan is suitable for your circumstances, we can approach your creditors, and set up payment plans that will allow you to pay back your debts in a manageable way.

The most important thing is to tackle the problem before it gets any worse, so the sooner you can talk to us, the better.