Featured item:
Debts and despair
5.2 million people are behind on consumer credit payments. Half of them (49%) feel harassed by the volume of contact they receive from their creditors. This is unnecessary distress at a time when 50% of people behind on bills say they have felt suicidal due to the rising cost of living.
Our Debts and despair report explores this issue in more detail and sets out our recommendations for breaking the link between debt collection and psychological harm.
*Suicide is not inevitable, it is preventable. Financial problems can always be resolved. If you or someone you know is struggling with suicidal feelings, financial difficulties or mental health problems there is advice and support out there.*
“To be in debt and to have people calling up to fifteen times a day, to have your voicemail full, to have the postman open your letterbox with even more debt letters with even more threats – is too much for anyone. You think your life isn’t worth living.”
Expert by experience
Money and Mental Health response to joint regulators statement on debt collection practices
March 18, 2024
Tortoise
An article in Tortoise featuring the findings of Money and Mental Health’s research on mortgages.
February 16, 2024As forecasts improve, how do we fix the damage already done?
Conor D’Arcy, Interim Chief Executive, Money and Mental Health
February 01, 2024No place like home
Supporting people with mental health problems in mortgage difficulty.
January 25, 2024Money and Mental Health’s submission to the Scottish Government’s consultation on a Mental Health Moratorium
Money and Mental Health’s response to the Scottish Government’s proposals on introducing a Mental Health Moratorium debt respite scheme.
January 16, 2024Best practice checklist: Debt advice providers
Half of people in problem debt have a mental health problem. This checklist sets out how debt advice providers can make their services more accessible for people with mental health problems.
July 29, 2020