Debt Advice Foundation launches recession helpline

Charity says service will ease burden on voluntary organisations struggling to cope with demand

The Debt Advice Foundation has launched a new helpline for people who have been affected by the recession after reports showed existing charity services were struggling to cope with a rise in demand.

The foundation said Citizens Advice bureaux had reported a rise of 21 per cent in the number of cases they dealt with in 2008, with an average of more than 7,000 people asking for help every working day.

The new service is being funded by contributions from lenders, including banks and building societies, and is intended to relieve the pressure on existing charitable debt advice services.

"As the recession bites, the number of people facing debt problems is rising, with personal insolvencies now at a record high," said Dennis Benson, chairman of the foundation.

"The Money Advice Trust, the government-backed debt support agency, has predicted that half of the four million people expected to be seeking debt advice this year are unlikely to get an appointment with a debt charity."

The new telephone helpline number is 0800 292 2077.

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Debt Advice Foundation

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