LivingHaving debt affects mental health

Having debt affects mental health

A new study from the University of Southampton (UK) reveals that individuals with financial debt are three times more likely to suffer from mental health problems than those who are not in debt.

The work, based on 34,000 subjects and published in Clinical Psychology Review , analyzed how economic debt affects human beings, whether due to deferred payments with credit cards, loans or mortgages. The results showed that a quarter of the participants with debt suffered from mental problems, especially depression, drug addiction and psychosis , in addition to being more predisposed to suicide. However, among people who had a healthy economy and did not owe money, the incidence of mental illness did not reach nine percent.

Thomas Richardson, co-author of the study, assures that this is a result that mental health professionals should take into account when treating their patients, since if they have debt problems and they are not resolved, the pathologies can worsen.

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