Helping to tackle Debt in Mansfield

Helping to tackle Debt in Mansfield

Transforming Notts Together are delighted to be helping a group of voluteers from different churches in Mansfield to set up a new debt service for Mansfield. It will be known as FreeDM - Free Debt Advice, Mansfield.

A total of 9 volunteers are alreday involved with the project. We are partnering with the charity Community Money Advice to provide this service, which we hope will open towards the end of 2013.

The need for this free debt advice is highlighted by the latest stats from Credit Action

* Outstanding UK personal debt stood at £1.425 trillion at the end of June 2013.

* Average household debt in the UK (excluding mortgages) was £5,986 in June. This is up from a revised £5,978 in May.

Every Day in the UK:

  • 282 people are declared insolvent or bankrupt 
  • Citizens Advice Bureaux in England and Wales dealt with 7,824 new debt problems every working day during the year ending March 2013.

Author: James Henderson

Date: 09 August 2013