by Colin Dexter

The COVID-19 pandemic has impacted each of our lives in a significant way, yet sadly, many have experienced disproportionate levels of hardship. Even before the pandemic, we(CAP) knew that people in debt were struggling on a low income, going without food, experiencing poor mental health, and feeling isolated.

2020 is no different, in the report we found:

  • 84% of CAP clients have an income lower than the national average.
  • 62% borrowed money to pay another bill or debt.
  • Household peak debt hit a record high of £17,917.
  • 58% said that they had nobody to turn to when they had a problem.
  • 28% of CAP clients had considered or attempted suicide as a way out of debt.

You can read the report here.

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