Tag Archives: Urban renewal

28Jun/22

Over half of social housing residents have turned to credit or buy-now-pay-later services for essential expenses, survey reveals

Over half (53%) of social housing residents surveyed say they have used credit or a buy-now-pay-later service to cover an essential household cost such as a food shop or a bill in the last 12 months, according to the latest output from the Resident Voice Index™ (RVI) initiative. The survey of over 5,200 social housing residents on the impact of the cost of living crisis also reveals that nearly seven in 10 respondents (68%) worry all or most of the time about meeting normal monthly living expenses. Continue reading