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Digital Subscriptions > Mental Health Nursing > June/July 2018 > Informal borrowing and mental health problems

Informal borrowing and mental health problems

Rachel Braverman reports on a survey of money lending for people with mental health problems

It’s not news to mental health professionals that money worries often adversely affect people’s mental health.

The statistics are bleak. People experiencing mental health problems are less likely to be in paid employment. When they are doing paid work, it’s more likely to be low-paid, high-turnover, part-time or temporary. Then there are the extra expenses and problems with managing money that often accompany mental health problems. This difficult combination of factors can increase people’s reliance on credit as a way to make ends meet, while simultaneously making it less easy to access. A poor credit history, complicated applications processes and the high interest and charges can put affordable mainstream credit out of reach.

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About Mental Health Nursing

The June/July 2018 #MHNjournal highlights include: - A report on concerns over money lending for people with mental health problems - The language of psychiatric discourse: power and imbalance - Guidance on writing for publication - Speak Up! features on experiences of working with mental health nurses, and recovery from anorexia - MHN Student Focus: Matty Laycock on the important of focusing on recovery - Inside the mind of... Natasha Devon - Resource reviews - Our regular updates from LPO Dave Munday and news from the mental health nursing world