StepChange Debt Charity

If you're new to us, hello! 👋 We're StepChange and for over 30 years we've been helping people in debt to sleep at night, knowing that they have a realistic plan to address their financial problems. We believe that problem debt is not just an issue for individuals but goes much further - it damages families and communities and costs in excess of £8 billion a year. By helping those in debt get back on their feet, and by campaigning for policies that aim to prevent problem debt, we’ll help overcome the difficulties that debt creates for our society in the 21st century. Find out more about us 👇 https://ow.ly/Aai150QU647

New Citizens Advice research has highlighted the staggering cost of failed IVAs. In our latest blog, Head of StepChange Subsidiaries, Sarah Cheetham, discusses the harm that unsuitable IVAs can cause to consumers. While a well-administered IVA can be hugely beneficial to certain people struggling with problem debt, patchwork regulation and limited consumer protections are causing widespread harm.   In order to turn the tide on poor IVA outcomes, regulations around advice must be tightened, with a more consistent approach toward regulatory supervision. While the Financial Conduct Authority has made good progress in cracking down on predatory advertising, which inappropriately pushes people onto IVAs, online mis-selling is still rife. It will take a joint approach from IVA providers and regulators to better serve consumers and improve outcomes in the sector.   Read the blog here and let us know your thoughts 👇 https://lnkd.in/dz_mTCn6

Working with Luke Charters MP, we've written to Sarah Sackman as part of our campaign to see bailiffs regulated. As a charity on the frontline supporting those through arrears and debt, we know all too well the impact enforcement action has on the most vulnerable and we need to see the Government act on this as it is long overdue. Time and time again, our clients report heavy handed action which exacerbates their debt issues, rather than relieving them. Whilst the Enforcement Conduct Board has been a good starting point, the industry regulator needs a statutory footing, and only the Government can provide this. See our letter outlining our asks below 👇

New StepChange research shows that nearly one in four UK adults – around 12.5 million people – are worried about their ability to pay their council tax bills over the coming months.   Those who do fall behind on council tax all too often face punitive collection action. This shockingly includes a possible sanction of imprisonment for non-payment in England, under certain circumstances.   Though rarely used in reality, this threat is often overemphasised, and enough to cause damaging consequences. What’s more, a number of people have been unlawfully imprisoned under this regulation.   That’s why, alongside sector partners, we’ve written to Former Lord Chancellor David Gauke, who’s chairing an Independent Sentencing Review, urging him to set in motion plans to revoke this outdated sanction once and for all. See and share our letter below. Let's campaign for change 👇 Christians Against Poverty Money Advice Trust Citizens Advice Community Money Advice Debt Justice Policy in Practice Institute of Money Advisers AdviceUK Money and Mental Health

We’re not obsessed with filling our awards cabinet. But we *are* a little bit obsessed with providing free, quality debt advice to anyone who needs it.   We won a staggering eight key awards in 2024 for the quality of our advice provision, customer service and leadership. We're so proud of the work we do, and we couldn't do it without our incredible colleagues 🏆   A big thank you to everyone who voted for us! Swipe through to see our accolades 👉

Excited to be joining The Martin Lewis Money Show tonight for a special episode all about debt. I’ll be answering viewers’ questions and offering advice on managing credit card and overdraft debt, debt solutions, and what to do if you’re in a debt crisis. Debt can feel overwhelming, but there’s always a way forward. 📺 Tune in tonight at 8pm on ITV.

Meet Chris Wood, one of our dedicated trustees 🤝 Chris joined StepChange in 2021 to be part of a purpose-driven organisation that makes a meaningful impact on people's lives. As a trustee, Chris is committed to supporting our mission, working closely with the board and executive team to help shape the charity’s future and the support we offer to those struggling with problem debt. Swipe through to find out more about Chris 👉 Interested in becoming a trustee? Apply now: https://lnkd.in/exMwc8kH

Liz Harding's journey from being a StepChange client to becoming a trustee is truly inspiring. She’s passionate about keeping clients at the front and centre of what we do, and ensuring we remain a forward-thinking and sustainable charity. Becoming a trustee isn’t just about giving back. It’s a chance to grow personally and professionally while supporting a cause that matters. If this resonates with you, we’d love to hear from you! Explore our trustee opportunities and make a difference today 👇 https://lnkd.in/exMwc8kH

Trustee Opportunities: Help Drive Change & Create Lasting Impact Are you ready to play a key role in shaping the future of an organisation dedicated to tackling financial hardship? StepChange is a dynamic charity undergoing an exciting transformation, and we’re looking for up to three new trustees to join our Board, as we prepare to launch our new five-year strategy. This is a unique opportunity to help steer our mission, influence our strategy, and ensure we continue to support people facing financial crisis. 🌟 Your Role as a Trustee 🌟  As a trustee, you’ll be integral to our journey, working closely with a passionate team to navigate a period of change and growth. Your strategic insights will help define the charity’s direction, align efforts with our mission, and advocate for change to address the challenges surrounding problem debt.  Together, we’ll drive positive social change and build a society where financial hardship no longer holds people back. 🌍 About You 🌍  We are committed to fostering an inclusive and collaborative environment where everyone can thrive. To enhance diversity on our Board, we particularly encourage applications from individuals under 45 and those from ethnic minority backgrounds. We’re looking for passionate individuals who share our vision and bring a range of skills and experiences. Previous trustee experience is not required—what matters most is your commitment to our cause. 📢 Why Apply?  This is your chance to make a tangible impact to the lives of people facing financial hardship, shaping the future of an organisation that is transforming the way we address problem debt.  If you're passionate about creating a society free from financial hardship, we want to hear from you! Apply now using the link below 👇 https://lnkd.in/exMwc8kH   #TrusteeOpportunity #CharityLeadership #StrategicImpact #FinancialInclusion #SocialChange #DiversityAndInclusion

Our client David’s story has been featured across BBC News outlets, showing how StepChange helped him through his journey dealing with up to £50k in debt. Read his journey of help and hope below 👇😌 https://lnkd.in/eHdZtWvz