61 percent of debt-laden parents struggle to provide for children
A recent study shows a majority of parents struggle providing for their children because of debt, according to Christian Today.
Christians Against Poverty, a debt counseling charity, surveyed 1,500 of its clients on the impact debt has on their families.
Of the parents surveyed, 61 percent said debt affected their ability to provide for their children.
More than half of respondents said debt has made them unable to clothe their children properly, while 18 percent can’t provide enough food.
“Parents on low incomes can so easily fall into debt,” Matt Barlow, chief executive officer of Christians Against Poverty, told Christian Today. “It just takes something like a broken washing machine and a bit of easy credit and within weeks that family finds themselves servicing a debt with the little they have. That escalating pressure can have a very destructive impact on the whole family which means children suffer, too.”
- Women leaders in Utah forging their own paths...
- Day of Dignity a compassionate gift from...
- How innovators think, and what they do about it
- Jobs, gov't distrust central to national park...
- How technology can help and hurt the mental...
- Condo owners in Panama tell Trump: You're fired!
- Libraries changing roles, focus as attendance...
- Are you as connected as Kevin Bacon and does...
- Women leaders in Utah forging their own... 17
- VW executive apologizes but says... 7
- Condo owners in Panama tell Trump:... 5
- Salt Lake police receive $1.8 million... 5
- Jobs, gov't distrust central to... 4
- Tourism brings more than $1 billion in... 4
- Libraries changing roles, focus as... 4
- S.L. mayoral candidates tangle over... 3