In debt with cancer: Is your bank listening?

by | Aug 2, 2017 | Finance, News, Support

Some cancer sufferers who phone the Macmillan support line want to talk about death, and the process of dying.

But for 25 times as many patients, it’s not their health they want to discuss. It’s their finances.

Macmillan’s research shows that most cancer sufferers are nearly ¬£7,000 a year worse off because of the disease. Many go overdrawn, or into debt. Some have even become homeless. Banks meanwhile are being accused of doing very little to help such patients in their hour of need. But now Lloyds Banking Group has decided to act. This week it begin offering some practical financial help.

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