Research by National Debtline found that people in debt are more than twice as likely to report ‘very poor’ mental health.
The study, emphasising the stark correlation between debt and poor mental health, has been published to mark the start of Mental Health Awareness Week.
Researchers found that 16% of UK adults behind on household bills reported their mental health to be ‘not good at all’, compared to just 6% of adults who were not behind on bills. Those behind on bills were also almost twice as likely to have very poor physical health, with 13% reporting this, compared to just 7% those who are not behind on bills.
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