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) am award winning charity, started helping people out of debt in 1996, and has helped thousands in debt situations through 306 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.
Individuals seeking the assistance of the charity give authority to the charity to negotiate with creditors, and the charity will then organise the individual's finances with the objective of making them debt free within 5 years. The caseworker 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. This service is offered at no cost to the individual.
A new CAP Debt Centre based in Rehoboth Building Grove Park to serve the residents of Lewisham Borough community, is planned for 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 towards the cost of the CAP centre, as well as the cost of hiring a CAP Debt Centre Manger and equipment purchase - £8,000 to £10,000 per annum.
The money raised will help with initial costs of opening the debt centre and subsequently helping many out of debt and its accompanying effects.