Covid-19 has resulted in a decline in financial wellbeing - rising bills and debt are increasing concerns

Today, Intrum publishes a whitepaper that outlines the financial impact of Covid-19 on private households across 24 European countries. The whitepaper provides an initial follow-up on the trends in increased economic pressure and decreased financial wellbeing reported in Intrum’s European Consumer Payment Report 2019*.The key findings from the whitepaper display additional financial challenges faced by private households in Europe. As expected, a general increase in financial stress is reported. However, one in three respondents say that the pandemic is having a positive effect on their