Life events
There are many life events that can significantly impact your financial stability – they can bring unexpected costs and emotional strain, making it harder to keep up with bills and manage day-to-day expenses. While these challenges can affect your credit health and lead to financial stress, support is available to help you navigate these difficult times.
Homelessness
Homelessness can have severe and lasting effects on personal finances. Shelter is a UK-based housing and homelessness charity that works to make sure everyone has a safe home. They offer advice, support, and legal services.
Bereavement
Losing someone can affect your ability to keep on top of your day-to-day responsibilities. So, it’s understandable if your credit health takes a hit while navigating through grief – you may have fallen behind on your bills, your income may have dipped while you’ve had to take leave, or you may be faced with unexpected costs for a funeral. But there’s support available to help you through while you get back on your feet.
https://www.bereavementadvice.org/
Gambling
Gambling can easily get out of hand, which can have a knock-on effect on someone’s finances, their health, and their relationships with the people around them. There are many organisations that can help, including Gamble Aware. Their core mission is to treat gambling as a public health issue, aiming to create a society free from gambling-related harm.
Domestic Abuse
Domestic abuse can happen to anyone, at any time – and it’s not always just physical. It can also have a serious impact on your financial situation which sometimes makes it hard to leave the abusive environment and rebuild stability. Even after leaving, the financial consequences can last for years but there are support services and charities available to help victims regain control and access financial assistance.
https://mensadviceline.org.uk/
Financial and Economic Abuse
Financial and economic abuse can also start at any time – sometimes behind closed doors, or sometimes in plain sight. The deliberate control over someone’s finances can have severe and long-lasting consequences. While there aren’t any specific support or advice lines in relation to this type of abuse, Surviving Economic Abuse is the only UK charity focused in this area. They have lots of useful information and can direct victims to the help and services they may need.
https://survivingeconomicabuse.org/
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Jasmin
Jasmin is Product Owner at Checkmyfile and has been part of the team for over 10 years. She previously led the customer care team for five years, adding invaluable front-line experience to her credit report knowledge.
Published
Updated
10 December 2025
10 December 2025