Three of four families are financially "on the edge"

The survey of more than 2,000 mothers found that one in five was regularly missing meals so her children could eat.

Almost two-thirds (64pc) have less money coming in than this time last year, and 61pc are short of money every week.

Almost a third (30pc) have borrowed money from friends and family, a quarter (24pc) are living on credit cards and one in 20 has taken out a bank loan to fund everyday living.

Netmums founder Sally Russell said: "It's shocking that seven in 10 families in the UK today are living on the edge of existence - but it's a crisis that needs exposing.

"Mums shouldn't be missing meals to feed their children or turning to loan sharks in modern Britain.

"Family finances are so strained that any more pressure will turn this personal crisis into a catastrophe for the nation."

A spokeswoman for the Department for Work and Pensions said: "Our welfare reforms will have a dynamic impact on some of the poorest families and will lift over one million people out of poverty. We continue to support low income families and put £6.5 billion a year into financial support for lone parents, but we know that debt remains a real driver of poverty.

Fact 

If you are looking to earn some extra cash, don’t assume
the whole of British business is struggling.

Heart Finance are now recruiting agents throughout the United Kingdom to promote our business.

Did you know? - Every day more and more people are starting their own home based businesses to achieve flexible working hours, independence and more family time. Whatever the reason, we are sure you will agree that the Heart Finance agent opportunity is an exciting opportunity for you to work from home and build your business. You can achieve a level of success with all the backing of a franchise, only without the massive investment.

Click here to Download our agent brochure and find out more.

"This is why we need credit unions to be supported and strengthened to ensure that illegal loan sharks can't plague the homes of vulnerable people and offer a real alternative to doorstep and payday lenders. We are working on the best ways to help credit unions expand and modernise so that more families can have access to affordable credit."

If you are struggling with Debts ... 

" Heart Finance, through the debt advisor,  are dedicated to offering you sensible advice on debt issues and advising you of the most appropriate solution which will help bring relief from debt.

According to a  survey, not many people are familiar with Debt Management Plan, 
A Debt ManagementPlan (DMP) throughHeart finance is an informal agreement between you and your creditors that enables you to restructure your debt in a way you can realistically afford to repay.

Are you struggling with Debts ? Getting FREE  from your 
debts is easier than you think! 

• f you want FREEDOM from DEBTS  you can :

• Repay your debts without the need for a loan
• Freeze interest and charges
• Let our advisor deal with your creditors on your behalf
• Have one monthly repayment - tailored to you