There are many debt charities in the UK. Some are bigger than others, but three of the most popular and well-known are Step Change UK, National Debtline and Christians Against Poverty.
#1: Step Change UK
Step Change UK is a debt charity that is entirely funded through the government, UK banks and other donations. They claim to offer the most comprehensive free debt advice process on the charitable market – and they might not be wrong.
They use a three-step process to evaluate your situation and even help set up a debt solution with creditors:
- They gather information on your finances to help create a workable monthly budget and identify what income is left to pay your debts.
- They offer debt solution advice based on the information they have
- They help agree a debt solution with creditors (and they stick around for support if needed!)
#2: National Debtline
National Debtline provide free debt advice online or over the phone. They do something similar to Step Change UK by working out your situation and providing possible solutions to consider. They also have a selection of online content that can be used to answer common debtor questions and worries.
One of the unique aspects of National Debtline is they run part of their charity to specifically help businesses that are struggling with debts. The only way they differ from Step Change UK is that they do not offer to arrange a debt solution directly with your creditors.
#3: Christians Against Poverty
Christians Against Poverty (CAP) is a debt charity that works with churches across the UK. As the name suggests, the charity is organised and run by Christians, but you don’t have to be a Christian to ask for help or receive it.
Anyone of any faith or no faith at all can get in contact with a CAP worker and ask for help. Their work is somewhat similar to the work of National Debtline by offering free debt advice and guidance on what debt solutions could work for your specific circumstances.
Christians Against Poverty is a smaller UK debt charity in comparison to the others. But it is a testament to their work that they are still one of the biggest debt charity names in the UK.
Money Advice Service
You may also hear of the Money Advice Service, which is a service set up by the government and acts as an introducer to the debt charities above. They also offer generic debt, pension and credit advice.