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(BBC) Many Families with children 'struggling with problem debt'

Posted on May 8, 2014 by Kendall Harmon

Nearly 2.5 million children are living in families struggling with “problem debt”, according to a report.

The Children’s Society and StepChange debt charity say many families are in an “extremely precarious” position and taking out loans to pay for the basics.

The stress of keeping up with repayments leads to arguments, emotional distress for children and even bullying, the charities say.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Archbishop of York John Sentamu, Children, Church of England (CoE), Economy, England / UK, Marriage & Family, Personal Finance, Poverty