The term over-indebtedness is used to describe debt which has become a major burden for the borrower.

Over-indebtedness can be caused by, and contributes to, social exclusion, financial exclusion and poverty.

The Government is committed to social justice and prosperity for all. Over-indebtedness presents a barrier to delivery of objectives across Government, from tackling child poverty and social exclusion, to reducing barriers to work, and encouraging appropriate saving and investment.

To meet our commitments, cross-government action is required to tackle problem debt.

Problem debt can only be effectively and appropriately tackled by Government and the regulators working in partnership with the credit and utility industries, the voluntary sector, consumer groups and individuals.

The Government approach to tackling over-indebtedness and progress against targets is set out in an annual report.  The approach and progress are devised and monitored through three groups at Ministerial, Advisory and Official level.  In addition, Quarterly Monitoring papers are produced which assess the drivers and levels of problem debt.The documents can be accessed from the menu on the right.