Shoppers should be given 24 hours to cancel orders, mental health campaigners have said, as research shows millions of depressed people are buying expensive items they can’t afford in order to make themselves feel better.
The Money and Mental Health Policy Institute, a charity set up by Martin Lewis, is calling on retailers and financial institutions to adopt new policies to help people suffering from mental health issues stay in control of their finances.
Under the proposals shoppers would be able to opt into a service which would delay expensive purchases by a day, allowing them to change their mind if they regret their actions.
It comes as research shows more than nine in 10 people with mental health issues spend more money when they’re unwell, while a similar number said they were at least two months behind in paying bills.
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