Adverse credit impacting mental health

Published: 20 February 2020

Mortgage Introducer reports “Almost half of adults (48%) who have experienced adverse credit in the past three years have seen their mental health affected by their difficulties.

 

This is according to research carried out by YouGov on behalf of specialist lender, Pepper Money. The research identified and questioned 600 people who have experienced credit problems, including missed payments, CCJs, defaults, unsecured arrears and secured arrears, in the last three years.

 

The research found that 46% of people who have experienced adverse credit say their sleeping has been impacted, while more than a third (34%) say their personal relationships have been impacted.” Read more.