Abstract
Why do individuals or households with debt typically delay before accessing debt advice or help? What are the main triggers of ‘unaffordable debt’? And what factors lead to individuals seeking debt advice and support? We undertook a research project in 2021 and 2022 with the aim of understanding the challenges faced by individuals and households who are in debt in Leicester. We summarize in this report, key findings from the study. Then, appropriate policy recommendations are offered.
Keywords
Debt in Leicester, Financial Literacy, Debt Policy, Council Tax
Citation
Igudia, E., Cartwright, E. and Dalziel, N. (2023) Debt and Financial literacy in Leicester
Research Institute
Institute for Applied Economics and Social Value (IAESV)
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