Sharp rise in renters risking homelessness and debt due to Covid, warn charities

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Sharp rise in number of renters at risk of homelessness and debt due to the pandemic, warns debt charities

Rent arrears have more than doubled since the beginning of the pandemic, according to StepChange

One fifth of renters expect it to take at least six months until they can afford all their household bills again. If you're finding it difficult to manage your payments because you're in debt, here are some tips for you to curb it:knowing your spending patterns is the first step to managing your moneyby writing down your income and taking away your essential bills such as food and transport

Over all, the charity believes the pandemic has pushed more than 19million Brits into £25billion worth of arrears on household bills.

 

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