The shocking toll that debt takes on people with money worries can be revealed in a special ITV Tyne Tees investigation.
Figures obtained by us from the charity Christians Against Poverty reveals eight out 10 people in debt are having sleepless nights, while the same number were too afraid to open their morning post.
The figures from the charity show:
The figures also reveal:
- 47% of those in debt were sacrificing meals.
- 38% of people said their debt caused them to suffer from mental illness.
Julie Parker is a debt advisor for the charity and works on Teesside. She says she's seeing more and more people struggling:
Ray Penn was helped by the charity after he, and his partner, went nearly £50,000 in the red.
Now debt free, he says he was getting constant phone calls from agencies chasing debts.
Where can I go to get help?
There are a host of charities out there who can help if you get into debt:
- Citizens Advice can provide free help in person or by phone
- StepChange Debt Charity can provide advice or a free debt management plan (DMP)
- National Debtline can offer free advice by phone and help set up a free DMP
- PayPlanis an independent provider of free DMPs
- Shelter is a housing charity that can provide advice by phone, online or in person
- Christians Against Poverty can visit you at home to give advice and help you budget