Breathing Space scheme helps 180 Rugbeians out of debt during cost-of-living crisis - The Rugby Observer

Breathing Space scheme helps 180 Rugbeians out of debt during cost-of-living crisis

Rugby Editorial 12th Nov, 2023   0

A TOTAL of 180 Rugby residents have sought debt advice from the government’s Breathing Space scheme since it began.

Debt advice charity National Debtline is now urging more people to seek advice as the cost of living crisis continues.

Launched in 2021, Breathing Space – also known as the Debt Respite Scheme – gives eligible people a 60 day period with no additional interest, charges or creditor action while people get debt advice and make a plan to get out of debt.

In the last year, National Debtline has helped 90 people in Rugby tackle their debts by phone, including through the new Breathing Space scheme.




To mark Talk Money Week, National Debtline is urging Rugby residents who are worried about their finances to contact their advisers for free advice.

David Cheadle, acting chief executive of National Debtline’s parent charity, the Money Advice Trust, said:  “The cost of living crisis has had a huge impact on household finances, and people in Solihull and right across the West Midlands are struggling.


“But we know there are many more people who are struggling alone – and no one should have to do that.

“I would urge anyone in and around Rugby who is worried about their finances to contact our advisers.

“Our advisers can see if you are eligible for the Breathing Space scheme to give you the time and head space you need to make a plan. Even if you aren’t eligible, our expert advisers can help find the best option for you.”

National Debtline added seeking advice has a positive, long-term impact – with nine in ten callers reporting that their debts reduce or stabilise, and seven in ten seeing a positive impact on their emotional and mental wellbeing.

Call 0808 808 4000 or visit www.nationaldebtline.org for more information.

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