Ag 17 september, 2015

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Thursday, Sept 17, 2015

Since Sept 27, 1879

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Scammer warning Ashburton resident John Waugh is mystified as to how a phone scam resulted in his computer being hacked.

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Rescued to the rescue P5

Budget clients $3.2m in debt BY SUE NEWMAN

SUE.N@THEGUARDIAN.CO.NZ

Lessons the hard way P9

More than $3.2 million worth of debt was accumulated last year by Ashburton’s Budget Advisory Services clients. The 141 individuals seeking help from the service had an average debt of $22,695. Of the total debt, $881,000 was accumulated through defaulted mortgage payments and with this out of the equation, the average debt per client fell to $16,446. The number of clients and the complexity of their financial crises was rising, said Ashburton Budget

Advisory Services manager Jeannette Molloy. “We’re extremely busy right across the board now. Just about every day we’ll get a new client; up to three some days,” she said. For some clients, finances were just one in a range of problems they were bringing and that meant budget advisors were also becoming a referral agency for other support services, Mrs Molloy said. People struggling with their finances stretched across the entire social spectrum and included both beneficiaries and people on solid incomes, she said.

“We’re seeing a lot of social problems and other issues in their lives, sometimes stuff from a long way back.” Many clients left it far too long to seek help, she said. “If you’re having problems, all your creditors want you to do is call and talk to them about your situation. “Usually places like banks are pretty good if you talk to them early, they can usually sort something out.”

CONTINUED

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