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Debt causes depression depression causes debt

13/05/2008

Debt causes ill mental health and those with mental health problems are three times more likely to be in debt, according to new research from Mind, the mental health charity.

As part of it's 'In the red: debt and mental health' report, Mind found that 91 per cent of people questioned thought that debt had contributed to their poor mental health. more

Insolvencies on the rise as Brits get squeezed

The number of individual insolvencies in England and Wales has risen by 1.7 per cent in the first quarter of 2008, compared with the previous quarter.
Average debt is falling for Debt Management customers

The average debt level of customers on informal debt management plans is at its lowest since the Chiltern Debt Monitor began.
Brits rely on credit cards and loans to 'keep up appearances'

As many as 15 million Britons are using credit cards and loans in the struggle to keep up appearances as they mistakenly consider themselves to be middle class.