Stigma and shame of debts

Framework graphic with the entry point 'Address Stigma & Discrimination (e.g., systemic racism and ableism)' highlighted

EVIDENCE-BASED STRATEGY

Initiatives recognize and address stigma and shame surrounding unmanageable financial debt (i.e., high debt levels compared to annual household income). Initiatives move away from judgmental language and adopt a strengths-based approach to support people managing their debts.

SAMPLE INDICATORS

Individual levels of financial stress due to high debt load
Number/percentage of people seeking appropriate, reliable support to debt repayment
Number/percentage of people who report feeling that their debts are easily manageable
Level of non-mortgage debt before and after program