Couples are feeling the strain of debt, new figures from a Christian debt counselling charity reveal.
Christians Against Poverty surveyed its clients and found that more
than a quarter (26%) said their relationship had ended because of debt.
Three-quarters said debt had affected their relationship with their partner.
CAP says the figures reveal how important it is for couples to get their finances right.
Chief Executive Matt Barlow said: “So many couples we see have struggled
with issues of trust relating to their use of money. For some, it’s the
subject they daren’t talk about because it is a constant underlying
stress – especially for those on a low income. Some arrive in the relationship with hidden debts, some hide
problems in the hope they can sort them out without worrying their
partner and when these issues come to light the pressure is huge.”
CAP provides a free debt counselling service through a network of 218
churches. It helps clients get clear of their debt by setting a
manageable budget and negotiating with creditors.
Where a client is in a relationship, the charity works with both
sides and says that although it can be a difficult reality check for the
other half, it is better in the long-run if they are both fully aware
of the situation.
Barlow said: “We have had instances over the years where this
devastating moment has actually been the beginning of a new start for
people. The truth might be horrendous but at least it is out in the open and with CAP people see there is a way forward.”