Cost of living - effects on debt: review of emerging evidence

This report considers the evidence on the effects of the cost of living crisis on problem debt in Scotland


9. Annex 2 - Proportion of low income households in arrears, going without essentials, or holding high cost credit loans, by credit approval outcome, May 2024

Figure 4.4.
A graph which shows the proportion of low income households who are either in arrears, going without essentials, or holding high cost credit loans, by credit approval outcome in May 2024.  It shows that low income households who are denied credit are much more likely to go without essentials, be in arrears or hold high cost credit.

Source: JRF cost of living tracker surveying UK households in the bottom 40% of incomes, carried out by Savanta

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