Living with Debt - The Signs
Whether you are an employer, friend, neighbour, partner, parent, or colleague; the information on this page will help you to recognise the common signs displayed by people in problem debt and how you might be able to make a difference.
Risk of Crisis Debt
Know the signs - Check the problem
Of course, even if you spot a few signs, it might not mean that someone has problem debt, so you will need to start a conversation first.
People do not tend to wear an ‘I’ve got Debts!’ sandwich board around their neck, but they do usually display some tell-tale signs.
They have had an obvious income shock
Avoid answering the door
Avoid phone calls
Avoid opening the post
Stops repaying money you loaned them
Lots of credit cards
Not sleeping well
Avoids conversations about money
Noticeable weight gain or loss
Avoids social events
Working excessive hours
Anxious, depressed or distant
Poor performance at work
Not taking holidays
Never any food in the cupboards
Irritability or confrontational behaviour
Friends & Family Debt Club Toolkit
Once you have identified that someone you know has problem debt, what do you do next? At Money Advice Hub, we make it our mission to be innovative and therefore we developed a first of its kind – the Friends & Family resource kit, or ‘Debt Club’.
Please visit our Debt Club Toolkit resource web page, it’s free, open access, with no membership requirements, just your passion to help. There’s always a way out of problem debt, so let’s work together.
One of our clients told us recently that getting debt advice literally saved her life, she had seriously thought about suicide. Imagine the difference you could make to someone’s life by being proactive?
Remember the #1st rule of Debt Club is: You must talk about Debt Club!