Debt Free London is delighted to announce the successful recruitment of 70 new Trainee Debt Advisors to help Londoners with the financial pressures of COVID-19.
Debt Free London, London’s free money advice partnership, will now have greater capacity to be able to support people who are struggling to make ends meet - made possible as a result of new funding from the Money and Pension Service.
For the past 14 years, our partnership of charities have supported Londoners with their money worries. Before the coronavirus crisis, there were already over a million Londoners facing problem debt and some boroughs had the highest rates of child poverty anywhere in the country. Now, with the crisis still unfolding – these shocking figures are set to soar. Already we’re seeing the worsening of previously existing trends – for instance, 92% more clients looking for work or registered unemployed, 24% more families with rent arrears and 21% more people under 30 in urgent need of our help.
As our city slowly starts to recover and rebuild in the wake of the crisis, our support will be needed like never before. Which is why we’re delighted that the Money & Pensions Service has been able to provide us with funding to recruit and train 70 new Debt Advisors – representing an 85% increase in capacity in the coming months.
We owe it to all the Londoners who’ve made such sacrifices over the past few months and to all the frontline workers still risking their lives daily. That’s why we’re doing everything we can to build a better, fairer society and ensure families can thrive in future – free from debt and the constant worry it brings.
I am very excited to be joining as a Trainee Debt Advisor. It's amazing to know that I can be a medium for a person to dramatically improve their well-being and quality of life. The positive knock-on effects this service can bring to individuals and future generations is deeply inspiring.
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