Help with money worries caused by addiction

Addiction can affect anyone, at any stage of life. It may involve alcohol, drugs, medication or other substances. Addiction can affect your health, relationships and finances. 

If addiction is causing money worries, you're not alone. Many people experience similar challenges and support is available. Getting help with your finances can be a positive step alongside recovery. 

How addiction can affect managing money

When someone is dealing with addiction, everyday money tasks can become harder to manage. You may benefit from additional support if you are:

• spending money more than intended
• finding it difficult to keep track of spending
• using money set aside for essentials
• struggling to keep on top of bills or credit payments
• missing bills or credit payments
• experiencing a change in income or circumstances
• resetting your financial situation while recovering from addiction
• feeling anxious, embarrassed or overwhelmed by finances

These challenges are common and do not define you. You can reach out for support at any time.

How Tesco Bank can support you

We understand that addiction is a health issue and that talking about money can feel difficult. Our colleagues are trained to handle sensitive situations and will listen without judgement.

Depending on your circumstances, we may be able to help by:

• supporting you to understand the money going in and out of your account
• talking through options if you're behind on payments
• offering more time to make payments or short-term breathing space, where appropriate
• setting up affordable repayment plans that reflect your situation
• helping you manage finances day-to-day, including setting up a Direct Debit or reminders

Find more information on how we can support you with your money.

Need a hand? We're here to help

If addiction is affecting your finances, please get in touch. Whether you're seeking support, in recovery, or helping someone else, we'll help you find the right support.

Call our Financial Assist team on 0345 301 4971*.

*This number may be included as part of any inclusive call minutes provided by your phone operator.