Victims of economic abuse should find it easier to get help dealing with their creditors, as 25 banks and building societies have committed to accepting a new form which could ease applicants’ trauma and provide the support they need.
The Economic Abuse Evidence Form (EAEF) enables money and debt advisers, trained by the specialist charities Money Advice Plus (MAP) and Surviving Economic Abuse (SEA), to advise multiple organisations that someone has experienced economic abuse, and explain the impact on the victim.
On average, victims are indebted to at least five different creditors, and they often have to retell their experience to each one, which can be traumatising.
Last year, at least 5.5 million people in the UK experienced economic…
