Christians Against Poverty (CAP) is welcoming the new Breathing Space scheme which will place a pause on a person’s debt for up to 60 days. This means creditors won’t be able to take enforcement action or add additional fees, such as interest, to the debt during this time.
CAP’s Director of External Affairs, Gareth McNab, reacted to the news – “Christians Against Poverty welcomes the new Breathing Space scheme. Many families have been struggling in debt during the pandemic and we hope the announcement of this scheme will lead to more of them seeking free debt help as soon as possible.
“In some cases, the Breathing Space scheme will be a useful tool to help those in debt. However, debt situations are often complex and sometimes what works for one person, might not be the best option for someone else. It’s important people needing debt help don’t see this as the only answer but trust the professionals to provide the best solution for their situation.“
He continued, “This scheme isn’t a payment holiday. It’s a time to work out a long term solution to an individual’s financial difficulties with the support of free and professional debt advice.
“We hope the announcement of the scheme today will lead to more people in financial difficulty seeking free debt help so they can find hope and get their lives back on track.”
Christians Against Poverty (CAP) is a UK charity determined to reduce UK poverty delivering debt counselling, money management, job clubs, life skills groups and support for people breaking life-controlling habits.
