Mabs warns 1m people worry about debt levels amid Covid-19 emergency         

Mabs warns 1m people worry about debt levels amid Covid-19 emergency         

Bankruptcy - Business Person holding an empty wallet. Man showing empty wallet by showing the inconsistency and lack of money and not able to pay the loan and the mortgage.

Almost one million people are concerned about debt amid the Covid-19 crisis and matters may get worse when the mortgage breaks start to end this month, according to the Money Advice and Budgeting Service.

The survey by Mabs found the Covid-19 crisis had increased levels of debt distress since late last year, among the 35-54-year-olds living in urban centres and the commuter belt, in particular.

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