Coerced Debt Back on the Agenda
Coerced debt is rightly back on the policy agenda, but there’s a lot to do to put right the wrongs that victim-survivors continue to experience. It’s up to all of us who work with consumers to try to spot the warning signs and prevent coerced debt, as well as to help those who find themselves manipulated into incurring debt unwillingly or unknowingly.
The Government’s Financial Inclusion Strategy has taken initial steps to address the impaired credit files many victim-survivors are left with as a result of coerced debts. This will bring us closer to a place in which victim-survivors are put back into the position they would have been in if the abuse hadn’t occurred.