Suicide Prevention

What is the relationship between being in financial difficulty and suicide?

it is important to recognise that suicide is a complex phenomenon. There are usually a range of social factors, life events and other circumstances that drive someone to think about suicide.

Over 420,000 people in problem debt consider taking their own life in England each year. Our own research at UK Debt Service has found that people in problem debt are three times as likely to consider suicide as those without a debt problem, with 3% attempting suicide each year.  Stress and anxiety can be a driving force, as people who experience stress from financial issues are 20 times more likely to attempt suicide than those who do not experience this type of stress. Specifically, during the pandemic, data has shown that 44% of UK adults with mental health problems who fell behind on bills either considered or attempted to take their own life.

When people experience a lack of control, security and hope about their financial situation,  they can become particularly powerless and vulnerable to thoughts about suicide, and a trigger for suicide attempt can increase. Factors such as time of work sick, lower income, mental and physical health problems, homelessness, unemployment and intimidating letters from creditors can contribute towards those feelings of inadequacy, which lead to suicidality. The statistics paint a bleak picture. But every suicide is preventable and every single financial problem is resolvable.

The Collaboration between UK Debt Service and the National Suicide Prevention Alliance?

As members of the NSPA, the alliance facilitates our development and sharing of good practice at UK Debt Service, as well as encouraging collaboration and joint working with other members and the NSPA in order to affect real change in suicide awareness and prevention. Since becoming members, we have been working hard with the support of the NSPA to produce an action plan which contributes towards the NSPA’s mission statement and our company objectives, which is to reduce the means to suicide and to provide appropriate support for our customers and their families who have been affected by suicide

How does UK Debt Service contribute to preventing suicide and supporting those affected by it?

At UK Debt Service, our agents on a daily basis speak on the telephone with many vulnerable customers who have a mental health and debt problem. Unfortunately, we do receive calls where customers state suicidal intentions as a result of the financial and mental health burden they are experiencing.

We aim to tackle suicide prevention in many ways:

• We have our own company psychologist who offers innovative mental health and suicide training to all our agents and members of staff.
• We have clear company policies and procedure which guide our agents in how to deal with vulnerable customers and how to conduct a telephone conversation with a customer who declares suicidal intent.
• We provide debriefing sessions by our company psychologist to all our agents who have experienced a conversation on the telephone with a customer who has suicidal intent.
• We have developed an out of office hours chatbot which interacts with customers who visit our website and social media pages during the evening hours which they feel at most vulnerable and anxious. The chatbot reassures customers by getting them booked in with an agent for the following morning, and it also signposts them to blogs, information, services, and support which we offer from our website.
• We have collaborated with National Support Network which allows our agents and customers to have access to a support hub and online directory containing carefully curated information on thousands of external services, including helplines and self-help resources for those with suicidal intent or any mental health and debt problem.
• We have registered with the Vulnerability Registration Service which helps financial services to identify and ensure the fair treatment of vulnerable people.

We have also put together an informational booklet on suicide prevention and support, which you can view here: Let’s Talk About Suicide

What are the current priorities at UK Debt Service with regards to suicide awareness and prevention?

• To continue to be abreast of legislation, policies, and practices to ensure our staff and documentation is fully update and aligned of all changes and requirements. Attendance of regular suicide awareness events and talk to vulnerable adults’ workshops will be of value and will allow us to continue to develop and deliver our training to staff.
• To develop dedicated mental health and debt support pages on our website which contains useful information on the topic as well as a ‘coping with suicidal thoughts’ booklet and a ‘how to support someone who feels suicidal’ booklet for family and peers.
• To continue working on our new research collaboration with the Centre for Mental Health Research, where we are producing a project funding bid proposal which aims to research and develop key briefings to support people affected by problem debt and significant risk of mental health issues.
• To continue to work with like-minded organisations and individuals.

What challenges are we currently facing at UK Debt Service in reducing suicide and supporting those affected by suicide?

There needs to be more regulatory guidance by our industry regulators (The Financial Conduct Authority), which equips companies like us to meet people’s needs, whilst reducing suicide and pursuing equality, social justice, and good mental health for all.

The rise in customers either seeking mental health and debt support or presenting in distress has had an impact on our staff in terms of their knowledge and confidence. Therefore, we need to ensure that colleagues, managers and company directors have the awareness and skillset to support customers and one another appropriately, and that they feel supported by the regulators and other financial industry leaders in doing this.