Understanding Financial Difficulty: Exploring The Opportunities For Early Intervention

Collard, Sharon (2011). Understanding Financial Difficulty: Exploring The Opportunities For Early Intervention. Barclays and Money Advice Trust, London.

URL: http://www.bristol.ac.uk/geography/research/pfrc/t...

Abstract

In 2010, a survey of consumer vulnerability found that 43 per cent of British households had experienced financial difficulties with their household bills or credit commitments at least sometimes in the passt 12 months. This figure had increased from 31 per cent in 2007 (Finney, 2010). While a significant minority of these households may be in arrears with credit commitments or household bills, many others will be struggling to keep up with payments even though they have not fallen behind.

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