The £11k debt mountain: North East hidden poverty crisis unveiled in new report
A group of churches in the North East working with Christians Against Poverty say it’s becoming much more difficult to repay ‘dangerous debt’
A landmark report from Christians Against Poverty (CAP) reveals North East families coming to the charity for help face a 9-year battle to clear their debts as costs continue to rise.
They say it’s becoming much more difficult to repay ‘dangerous debt’ and urging those struggling to reach out.
CAP Debt Centre Manager Linda Stockley who is based in Newcastle, said: “We all need to come together to tackle the poverty crisis in the North East.
“It’s become much more difficult for families to repay their debts over the last decade with only a quarter of CAP clients now able to do so in a suitable time frame, compared to 40% back in 2014.2
“Living in spiralling debt is dangerous. It often results in families unable to afford healthy food, living in cold, damp unsafe properties and facing isolation, anxiety and depression.
“But we know poverty can be beaten. By walking alongside people through their toughest storms, our group of North East churches, working with Christians Against Poverty, are restoring hope and building the long-term financial resilience our region needs.
“Please consider joining us and supporting our work so we can stop poverty in the North East together.”