Debt and Financial literacy in Leicester

Date

2023-01-10

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Type

Technical Report

Peer reviewed

No

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.

Description

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

Rights

Research Institute

Institute for Applied Economics and Social Value (IAESV)