Church Members Offer Debt Advice To Colchester Residents
Thu, 05 May 2011
Church goers in Colchester have teamed up with a charity to help offer advice to people in the local area who are struggling to cope with debt .
Nigel Drew, Martin Hill and Julie Weighill who all have financial experience through their jobs have been funded by Stanway Evangelical Church to work as money coaches with Christians Against Poverty.
They have been trained to provide free, confidential courses for people to review their spending, stay clear from credit and take control of their finances .
"Its about helping everyone to manage their money better not necessarily just those who are in serious trouble," said former banker Mr Drew, 39.
"We want to help people look at their budget and understand if there is a problem or not, to prioritise their debts and work out repayments. And we want to help people get off credit ."
"We have so many problems caused by credit that werent an issue for previous generations because they weren't so dependent on it. But more recently credit has been so freely available that people havent worried about it and weve just spent and spent."
"Now there is not much credit and people have less ready cash, but they are still having to pay their debts from better years."
Martin Hill added: "The main reason we do it is because we see debt ruining lives. It causes people to commit suicide and marriages start to crack under the strain of financial pressure."
"We want to prevent people getting into debt in the first place, help those who are in debt and get them back in control."
Stanway Evangelical Church is currently the only church in the Colchester area offering the charitys services, but it is hoped others will follow suit and offer similar support to those in debt.
Nigel Drew, Martin Hill and Julie Weighill who all have financial experience through their jobs have been funded by Stanway Evangelical Church to work as money coaches with Christians Against Poverty.
They have been trained to provide free, confidential courses for people to review their spending, stay clear from credit and take control of their finances .
"Its about helping everyone to manage their money better not necessarily just those who are in serious trouble," said former banker Mr Drew, 39.
"We want to help people look at their budget and understand if there is a problem or not, to prioritise their debts and work out repayments. And we want to help people get off credit ."
"We have so many problems caused by credit that werent an issue for previous generations because they weren't so dependent on it. But more recently credit has been so freely available that people havent worried about it and weve just spent and spent."
"Now there is not much credit and people have less ready cash, but they are still having to pay their debts from better years."
Martin Hill added: "The main reason we do it is because we see debt ruining lives. It causes people to commit suicide and marriages start to crack under the strain of financial pressure."
"We want to prevent people getting into debt in the first place, help those who are in debt and get them back in control."
Stanway Evangelical Church is currently the only church in the Colchester area offering the charitys services, but it is hoped others will follow suit and offer similar support to those in debt.
Recommended links
Debt adviceFree debt help enquiry
Debt facts and information
Benefits of debt advice
Debt and personal budgets
Debt stress support
Debt management tools
Debt Problems Affecting 55,000 Young Brits
Debt Charities Top Choice For Financial Advice
Debt Problems Behind Soaring Demand For Antidepressants
Government borrowing down but debt still on course to reach GBP1 trillion
Insolvency Service To Raise Bankruptcy Charges
OFT Clamps Down On Misleading Debt Advisers
Stop repossession
Equity release UK
| news |
|---|
| Male underemployment may spark debt fears - Wed, 16 May 2012 |
| Debt concerns delaying family plans - Mon, 14 May 2012 |
| Recession adding to UK debt numbers - Wed, 09 May 2012 |
| More News |






