Mental Health and Debt
Living with debt and financial problems is known to cause problems such as depression, anxiety and perhaps a feeling of guilt.
- Approx one in four adults have a mental health problem at sometime in their life.
- Approx one in four people with a mental health problem is also in debt
- Approx one in two adults with debts has a mental health problem
Debt can cause - and be caused by - mental health problems
Mental Health problems can make it even harder to deal with debt.
If you have debt and financial problems don’t ignore them, you are not alone, information and help is available, get genuine independent impartial advice preferably from a free agency.
Free Debt Advice Agencies
- Citizens Advice
- StepChange (CCCS)
- National Debtline
- Shelter
- Law Centres
- Christians Against Poverty
- Business Debtline
Information and advice on mental health and debt
- Money Advice liaison Group (MALG) Debt & Mental Health
- Royal College of Psychiatrists Debt & Mental Health
- Martin Lewis Moneysaving Expert Guide to Mental Health & Debt
- Rethink: How to deal with debt
- Mind Debt & Mental Health
What does this mean?