We Talk Cents

33. Financial Hardship - What it's like living with debt you can't repay

Episode Summary

How do we define Financial Hardship? How prevalent is it in Australian society? What are the common 'triggers' that can lead people into a place of Financial Hardship? Evgenia Bourova from Melbourne Law School shares her research on living with debt you can't repay.

Episode Notes

Evegnia Bourova is a Research Fellow at the University of Melbourne, Melbourne Law School. This research comes from the Financial Hardship Project. 

Read the full article on the conversation.

*CORRECTION: Blaize mentions that the research was conducted in 2019. This is incorrect, the surey was carried out in 2015 and published late 2018.

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We Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.

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