Every 20 minutes and 15 seconds, a property is repossessed. Today, there are people in our communities whose lives are being devastated as a result of debt. They may be struggling to feed their families, suicidal, depressed and alone. People in our communities who are skipping meals so their kids can eat and are on the verge of being evicted. CAP’s service is changing thousands of lives like this every year.
Christians Against Poverty (CAP) an award winning charity, started helping people out of debt in 1996, and has helped thousands in debt situations through 293 CAP Debt Centres all around the country that exist in partnership with local Christian churches. Through the work of CAP Debt Centres many around the country have been delivered from the tyranny of debt.
How does this work? Individuals or families seeking the assistance of CAP give authority to the charity to negotiate with creditors. CAP then organises their finances with the objective of making them debt free within 5 years. A trained caseworker / debt coach, following a home visit will create a sustainable personal budget for clients, prioritising basic living needs and offering creditors fair, affordable pro-rata payments as far as this is possible. Support is then provided till the client becomes debt free. This service is offered at no cost to the individual. Last year alone 8,115 people with debt issues were visited by a CAP debt coach.
Our aim is to open a new CAP Debt Centre based in Rehoboth Building Grove Park to serve the residents of the whole of Lewisham Borough community, in summer 2017. CAP services will be provided free of charge to residents in the borough of Lewisham regardless of race, nationality, religion, age, gender, marital status, sexual orientation, or disability.
Opening a new CAP Debt Centre incurs a significant cost including a minimum monthly donation of £600 per month towards the cost of the CAP centre, as well as the cost of hiring a CAP Debt Centre Coach / Manager and equipment purchase - £8,000 to £10,000 per annum. We seek your support in helping provide this vital service for the people of Lewisham.The money raised will help with initial costs of opening the debt centre and subsequently helping many out of debt and its accompanying effects.