Debt Free London is delighted to announce the successful recruitment of 70 new Trainee Debt Advisors to help Londoners with the financial pressures of COVID-19.
Debt Free London, London’s free money advice partnership, will now have greater capacity to be able to support people who are struggling to make ends meet - made possible as a result of new funding from the Money and Pension Service.
For the past 14 years, our partnership of charities have supported Londoners with their money worries. Before the coronavirus crisis, there were already over a million Londoners facing problem debt and some boroughs had the highest rates of child poverty anywhere in the country. Now, with the crisis still unfolding – these shocking figures are set to soar. Already we’re seeing the worsening of previously existing trends – for instance, 92% more clients looking for work or registered unemployed, 24% more families with rent arrears and 21% more people under 30 in urgent need of our help.