There's a toxic relationship between debt and mental health, with the two problems feeding off one another and lenders not doing enough to protect the vulnerable.
A report into the impact of mental health problems on personal finances has called
on retailers and the financial industry to help fix the "toxic relationship".Almost three quarters of people who have experienced a mental health problem said it had made their financial situation worse, and not just as a result of having less money to spend, the poll for the new policy institute Money and Mental Health, set up by MoneySavingExpert.com founder Martin Lewis, found.
Some 93% said they spend more when unwell and 92% said they found it harder to make financial decisions, while 59% had taken out a loan they would not otherwise have borrowed.
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