Debt management could help more than just the wallet
Debt management could help more than just the wallet
Tuesday 24th November 2009
That is according to new research by Experian, which says it has identified a new psychological problem which it is calling "recession strain injury".
Chartered Physiotherapist Sammy Margo has seen a 25 per cent increase in stress-related injuries seen in her clinic since the start of the recession, which has manifested itself in neck and back pain as well as pins and needles in the hands.
People who owe money could avoid recession-related stress by finding out more about debt management and debt consolidation loans, which can help free them of debts for the future.
Physiotherapist Sammy Margo said: "We have seen more people suffering from stress-related issues during the downturn and concerns around personal finances are frequently mentioned by clients as a source of worry and stress."
"A typical response to stress is that muscles tighten and go into spasm. Physiotherapists can offer simple tips and exercises to help prevent and alleviate these symptoms."
Last week it was revealed that even those with savings are not necessarily protected from financial difficulties in the recession. Low interest rates mean that people who rely on income from their savings are losing out in the current climate.
Currently, as many as three quarters of accounts are actually contracting because interest is lower than inflation.
News article brought to you by Debt1 – UK debt management specialists
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