'Recession Strain Injury' hits indebted Brits

24/11/2009

The recession is causing many people to develop health problems, it has been suggested.

CreditExpert, a credit reports firm, has noted increasing cases of what it terms Recession Strain Injury - with people's debt problems manifesting themselves in the form of aching joints, pins and needles and increased stress levels.

Sammy Margo, a chartered physiotherapist, backed up these claims by reporting that she had experienced a 25 per cent rise in the number of people making appointments at her clinic for help with stress.

National personal debts have risen to an average of over £20,000 for each household with existing unsecured debt.

Meanwhile, pressure on incomes has increased with the recent rise of unemployment to a 14-year high of almost 2.5 million.

New figures from CreditExpert also show that 6.8 million Brits are currently worried about their debts.

Ms Margo said: "A typical response to stress is that muscles tighten and go into spasm. With prolonged stress this worsens and as a result, leads to aches and pains.

"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."

CreditExpert also advised customers to stick to a budget and adopt more responsible spending habits in order to alleviate the condition.

Tags; Debt Management and Banking, Young Family Finances, Credit Card Lifestyle, Recent Graduate Debt,

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