No bank accounts and mounting debts: financial difficulties faced by social housing tenants

No bank accounts and mounting debts: financial difficulties faced by social housing tenants

One-fifth of social housing tenants face problem debt, and almost half are borrowing. 

Social housing residents cope week to week through careful budgeting and limiting consumption, but many do not have sufficient income to live comfortably, a new report has found.

Housing body Clúid and the Housing Finance Agency commissioned the report, carried out by researchers at University College Cork (UCC), on the financial inclusion of social housing tenants.

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