Connect » Policy and government » The Freedom report
Beyond lifting the pressure and stress that unmanageable debt brings, we’re passionate about seeing clients become completely debt free. That’s why our debt management service has always been strongly focused on helping clients completely resolve their financial difficulty. However, to be truly transformative, debt management needs to ensure clients do not slide back into problem debt once they are no longer receiving ongoing input into their financial management.
The freedom report takes a comparative look at the lasting impact of our debt counselling work through Debt Management Plans (DMPs) and Debt Relief Orders (DROs). The findings show the important role debt advice plays in building financial capability and resilience to ensure people stay free of problem debt in the long-term.
‘This report is significant and encouraging because it shows that if someone gets the right level of support, they can conquer their debt problems. Not only can they become debt free, but also stay in the black, without the need for high-cost credit, successfully managing their household finances for years to come. It tells us that no matter how hopeless a situation can first look, significant change and transformation is possible. I hope you will be encouraged by the life-changing freedom that can be achieved and be prompted to find out how you can play your part.'
Most Revd and Rt Hon Justin Welby
The Archbishop of Canterbury and CAP Patron
Join in the discussion on Twitter using #FreedomReport #DebtAdviceWorks.
We would also love to hear your personal experiences using #StillDebtFree.
Contact our press team:
01274 761924
press@capuk.org
Contact our external affairs team:
01274 760589
externalaffairs@capuk.org