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The latest news from the world of personal finance plus advice for those trying to make the most of their money.

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Money Box: Debt during the pandemic

Debt during the pandemic

BBC Radio 4 - Money Box, Debt during the pandemic

How are people coping with debt in the pandemic?

Louise Cooper and guests answer your questions about debt. Email moneybox@bbc.co.uk.

A recent report by the Financial Conduct Authority (FCA) found that the coronavirus pandemic has driven more people into financial vulnerability. More adults in the UK have fallen into debt or have little capacity to ride out financial shocks, the FCA said. 

While furlough, other support grants and the Universal Credit uplift have helped many people avoid money problems, concerns are growing over the financial damage from multiple lockdowns, job losses, lower earnings and redundancies. 

How are people coping with debt during the pandemic and what support is available?

Joining presenter Louise Cooper on the panel:

Helen Undy, chief executive, Money and Mental Health Policy Institute
Richard Lane, head of external affairs, Stepchange
Colin Mathieson, from Advice Direct Scotland

If you have a question about debt, please get in touch. E-mail moneybox@bbc.co.uk or tweet @MoneyBox.

Producer: Darin Graham
Editor: Rosamund Jones

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