Just Finance
Debt
Campaigns

Reset the debt!

TCT proud to partner in national anti-poverty campaign!

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TCT are campaigning for a fresh start for families in Britain swept into debt by Covid-19

A fresh start for families in Britain swept into debt by Covid-19

TCT are delighted to be one of a number of other organisations, supporting this campaign and we’re proud to add our voices to call for change.

The problem

An estimated six million people in the UK have fallen behind on one or more household bill as a result of Covid-19, with the biggest increases in debt amongst the poorest households.

People who were previously able to keep their head above water are now in severe difficulty. Others, who had been just staying afloat, now face being overwhelmed by circumstances entirely beyond their control.

This is an urgent problem that demands a solution. It is not right that those with the fewest resources should bear the heaviest burden of the lockdown, potentially for years to come.

The Solution

Now is the time for a solution to be found.

We believe people swept into debt by Covid-19 now need a Jubilee. It’s time to #ResetTheDebt.

We’re proposing that the Chancellor creates a Jubilee Fund. This would provide grants to pay off and cancel unavoidable debt accrued by households during the lockdown period, giving them a more stable platform from which to face the future.

Take Action!

Could you join us?

Write to your MP, calling on them to ask the Chancellor what the Government’s plans are to address the crisis.

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Watch the #ResetTheDebt webinar, featuring amongst some great guests, our very own Cassius Francis.

Listen to Cassius on BBC WM Radio

Grassroots Listening and a partnership approach

Reset The Debt is a campaign launched by the Baptist Union, the Church of Scotland, Church Action on Poverty, the Methodist Church and the United Reformed Church.

The campaign grew out of their listening and learning to communities during the lockdown of 2020, as part of the Gleanings project. It heard that debt was becoming an increasing problem for households and communities across the UK.

TCT are delighted to be one of a number of other organisations, supporting this campaign and we’re proud to add our voices to call for change.

Walsall Launch

TCT was able to launch the campaign in Walsall, as one of our Just Finance team - Rev’d Cassius Francis, lead the Walsall Methodist Circuit on 4th October 2020, with Keely Gabriel from Ablewell Advice. Watch the full service below:

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Lived experience of Leanne
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Update - 22nd October

  • Since we launched on 4th October, 726 emails have been sent to MPs using the online system.
  • Over half of MPs have received correspondence on this. We are building up a picture of responses from across parties, as supporters forward on the responses we receive.
  • Over 2k people have visited the resetthedebt.uk website, and over half of them have downloaded the report.
  • We had 86 attendees at our webinar last week, with some really good engagement and an interesting discussion. You can re-watch and share it here.
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19 per cent – almost one in five – of households borrowed to buy food or other essentials in July