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There are plenty of reasons why personal insolvency advice might be needed, from redundancy to unmanageable bills and mortgage payments, to excessive use of credit.

On this last point, recent years have seen improvements on the use of high-interest forms of credit, which can rapidly become unmanageable – reform in the payday loans segment, for instance, is making it harder to get out of control using short-term loans.

But new figures from the Debt Advisory Centre suggest progress might not be as good as many people think, and in this instance the form of credit causing the problem is store cards.

The organisation’s report claims that a quarter of adults across the UK shop either using a store card, or through a catalogue that allows them to buy goods on credit.

Among these, one in eight women and one in four men are in arrears on their repayments – equivalent to one in five people overall.

Spokesman Ian Williams says: “The level of arrears amongst young people in particular is shockingly high with a third of 25 to 34-year-old borrowers admitting to being a month or more behind with their payments.”

For those facing such a situation, personal insolvency advice could be a sensible option, providing a legitimate way to resolve a scenario in which store card repayments have become unmanageable.