Most people with debt problems suffer from depressions and anxiety because mental health is affected by the amount of worry attached to debts or finances.
Nowadays a lot of people have one debt or the other to pay, only a few persons are debt-free. Although getting a loan from a reputable loan company tends to reduce the impact of debts on your health. Collected.Reviews give you reviews of loan companies where you can get a loan at excellent rates and a method of payment system that minimizes the effects of debts on mental health.
Below are the ways debt can affect your mental health.
1. It Is a Major Cause Of Anxiety
When your debts pile up and you start worrying about how to pay them constantly, anxiety starts to kick in and this causes an endless feeling of hopelessness. The level of anxiety may depend on the amount of money you are owing.
Anxiety may lead to respiratory problems because of unhealthy breathing patterns, it also leads to gastrointestinal disorders, heart diseases, and immune system disorders. It also causes lightheadedness and a sense of impending doom. It can be reduced to an extent by borrowing from good loans and credit companies that offer loans at low interest and long-term payment systems.
2. Debt is one of the Major Cause of Depression
The negative effects of debt on mental health can be felt by both young people and older adults. Because they feel that they can no longer control their financial circumstances, depression soon sets in. Depression has a lot of negative effects on an individual’s mental health. The person tends to lose interest in things or activities that brought pleasure to him /her before. Depression also makes one exhibit certain negative syndrome such as anger, irritability and they have trouble sleeping. Headaches are also another effect, the person may find it hard to respond to medication.
3. Debts Lead To Resentment
Debt often makes people have a feeling of anger and indignation. It causes them to harbor feelings of annoyance, shame, and revenge and this has a very strong effect on the individual’s mental health. Resentment makes a person stop thinking about how to pay his debts and this often leads to regrets. Because resentment can be classified as a strong emotion, the individual can hold on for a long time to the negative feelings caused by debt and it can also cause dangerous intoxications which can turn to hatred.
4. It Causes High Blood Pressure
One of the negative effects of debt on your mental health is that it also causes high blood pressure. It increases the level of chemicals that causes stress to circulate in your body and cause mental health problems. High blood pressure leads to chronic inflammatory responses and this leaves your mental health in disarray.
Debt has so many negative effects on mental health and some of them have been mentioned above. These effects are some of the reasons why it’s advisable to stay out of debt.