Women more likely to seek debt advice

DISABILITY, relationship breakdowns and poor earnings are driving twice as many women as men to seek help for debt and financial problems than men, according to a report being published today.

The Government-funded money advice and budget service MABS said women make up two-thirds of the people coming to them for support.

It is launching a report today with the Women’s Health Council (WHC), which shows that women are more likely to suffer mental and physical illness as a result of debt than their male counterparts.