Dealing with depression and debt

Written by PayPlan on 17 May 2011

It was recently suggested by the BBC that over the last four years prescriptions for anti-depressants have risen by over 40% due to people struggling with debt and with job worries fuelled by our current economic problems.

Every year we help thousands of people as they struggle to cope with their debts with many people coming to us suffering from stress, depression or even feeling suicidal. A lot of people who are in debt often feel alone, which is why they often get these feelings.

It is very important to remember that if you are in debt, you do not have to cope alone! We help over 100,000 people each year who are in some sort of financial trouble.

If you are in debt and you are struggling to maintain payments, it is perfectly normal to feel down about it from time to time as you try to find ways to cope with your situation. Depression, however, is more that the occasional ‘blue’ day, as people who suffer can find it hard to function on a day to day basis.

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This article was checked and deemed to be correct as at the above publication date, but please be aware that some things may have changed between then and now. So please don't rely on any of this information as a statement of fact, especially if the article was published some time ago.

2 thoughts on “Dealing with depression and debt”

  • John

    May 17, 2011 at 10:57 am

    Martin Lewis has also published a free downloadable guide in collaboration with Mind, Rethink etc.

    http://www.moneysavingexpert.com/cards/mental-health-guide

    “This is a free 40-page PDF booklet supported by Mind, Rethink, CAPUK and others, for people with mental health problems and those caring for them. It covers how to handle debts when unwell, work with banks, free debt counselling, specific tips for bipolar or depression sufferers, whether to declare a condition and more.”

    • Lizzy

      May 20, 2011 at 2:58 pm

      Yes I have seen this, it is very good!

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