Your Money, Your Life: Experiences of Young People’s Borrowing

This project explores young people’s (aged 18-24) experience of borrowing and their use of unsecured credit. The research interviewed 80 young people on their personal experience of credit and borrowing from across the UK. The key findings
from the interviews were then shared at two ‘hackathons’ – participatory, solutions-focused workshops - which helped inform young people to design effective and relevant solutions to support their financial well-being and influence how their
financial well-being should be best supported in relation to credit and borrowing. These solutions and others emerging from our research form our recommendations.