Media comment: Money and Mental Health - Money on your mind report

Wednesday 15th June 2016

Speaking about the launch of Money and Mental Health’s Money on your mind report, Caroline Siarkiewicz, Head of UK Debt Advice at the Money Advice Service, comments:

“We know that mental health issues and debt can go hand in hand. Our own research shows that over half (52%) of clients who have received debt advice from Money Advice Service funded partners also have a mental health condition. Given the scale of this problem, it is essential that the debt advice sector continues to work with creditors and utility companies to ensure that outcomes are improved for consumers.

“Anyone who is worried about their debts should seek help as soon as possible. Debt advisers are experienced in supporting vulnerable people, including those with mental health conditions which may impact on their ability to manage their finances. The UK Debt Advice Locator Tool on the Money Advice Service website can help people find free, high quality debt advice across the UK to help them get their finances back on track.”