Depression and debt.

Stanley_Ipkiss · 23 November 2017 at 2:53AM

Hi, I’m knew to the forum so go easy please.

Basically I have been diagnosed by my doctor that I am suffering from depression. I have been prescribed tablets that are slowly helping.

Anyway, that main point to this post is basically when I feel at my lowest, I always end up getting payday loans, or unsecured loans. The only thing I can put it down to, and I realise now that it’s daft, is that me having money made me happy, therefore forgetting about my depression.

Then when it comes to paying these loans back, bang, I’m back feeling lower than a snakes belly.

Basically I was hoping if there has been anyone else in the same situation and how did you get out of it?

Many thanks

Stanley Ipkiss

fatbelly · 23 November 2017 at 8:26AM

Stanley, it's a very common problem.

So much so that Martin has started an Institute to research it and written a small book. All here

https://www.moneysavingexpert.com/credit-cards/mental-health-guide

There will be others who will have come the same route as you.

On this board we can help you to deal with the debt but you will need to post a statement of affairs.

That's a link to a calculator. You 'format for mse', then cut and paste. As a new user you will have to make sure there are no links in your post

Stanley_Ipkiss · 23 November 2017 at 3:21PM

Thank you for your reply. I will look into it as soon as I get home.

Cheers.

Depression and debt.

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