Today CAP releases a new report: The freedom report. This looks at the outcomes of over 200 clients who have become debt free through Debt Management Plans (DMPs) and Debt Relief Orders (DROs) up to five years ago. The findings show the important role debt advice plays in building financial capability and resilience to ensure people feel in control of their finances and stay free of problem debt in the long-term. 93% remain free of problem debt, with 82% still using a budget. An incredible 69% of the DMP sample also had savings, which is 28% higher than the UK national average savings rate of 41%. The report shows that through CAP’s debt advice, financial capability skills – such as budgeting and saving – are gained and financial resilience is often built as a result. The report compares the outcomes of DMP and DRO clients, and the experiences of the handful who were struggling with repeat problem debt. Find out more and download the report here.