Debt and mental health: A statistical update
Author: Merlyn Holkar
Topic: Credit & Debt, Health
Publisher: Money and Mental Health Policy Institute
Location: United Kingdom
Format: Brief
Content Type: Research
Publication Date: March 29, 2019

Financial problems can be a significant source of distress, putting pressure on people's mental health, particularly if they are treated insensitively by creditors. Some people in financial difficulty cut back on essentials, such as heating and eating, or social activities that support their well being, to try and balance their budget. In many cases this has a negative impact on people's mental health. 

This policy note from  draws on nationally representative data to update key statistics on the relationship between debt and mental health problems, and sets out implications for policymakers, service providers and essential services firms.

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