One in 20 pay mortgage using credit

One in 20 people in Scotland are paying their rent or mortgage using credit, according to the Debt Advisory Centre.

Loading Comments

The service said 5.5% of householders they surveyed revealed they used payday loans or credit card cash advances to pay their rent or mortgage in February, up from 3% in August last year.

The figure is equivalent to more than 290,000 people having to borrow to keep the roof over their heads, the debt help provider said.

Spokesman Ian Williams said: "It's always worrying to hear that people are relying on credit to pay for an essential outgoing like their home, but learning that the number doing so has risen so significantly in such a short space of time is a real cause for concern.

"Rent or mortgage payments are a priority bill. If you have to borrow money to pay them it is a big warning sign that your finances are out of control and you should seek expert money advice."

The OnePoll survey questioned 1,822 UK adults between February 25 and March 7, of whom 329 were resident in Scotland.


Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email
A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

The Look Awards, a bra fitting and going veggie at Usha’s.




Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

Michelle McManus

Michelle McManus

Sussed in the City

Jam packed with Empire biscuit making.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.