However 944,000 of these aren't even struggling financially, instead they have put themselves at such a disadvantage after trying to help friends and family with money problems.
The governmental fiasco resulting in the loss of 25 million personal data records is thought to further impact upon this number, leaving millions vulnerable to ID fraud.
While an address itself cannot be blacklisted, credit reference agencies do hold information on individuals relating to the addresses where they live or have previously occupied.
Steve Folkard of AXA commented, “Money problems affect people in a variety of ways, but one thing we are all wary of is the possibility of being blacklisted. The term used to mean that creditors were mistrustful of applications from your address, but more recently it refers to individuals, regardless of where you live.
“The knock-on affects of having a poor credit rating can be endless, as it becomes increasingly difficult to access credit."
The AXA research shows that 45-54 year olds are most likely to be blacklisted. One in five (20 per cent) of those who have been affected by money worries said they have been blacklisted as a result of failing to manage their money problems.
