Groundbreaking Project Wipes Out Debts of Vulnerable Families

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Social Impact News

Debt Relief,Vulnerable Families,Poverty Reduction

Aberlour, a children's charity, leads a financial wellbeing pilot in Tayside that provides debt relief to families grappling with poverty, homelessness, and mental health issues. The initiative includes a hardship fund that pays off arrears in council tax, school meals, and rent, benefiting 25 families and improving their overall family life.

A groundbreaking project which wipes out the debts of vulnerable families has been hailed for its impact on reducing poverty.

Central to the initiative was a hardship fund providing debt relief by paying off arrears in council tax, school meals and rent.Average debt relief came to £2,768 per family and an evaluation for Aberlour has given the project the thumbs up. It added: “A major impact of the support provided by the Tayside Poverty project was a boost in confidence as reported by all supported families.

Another person who was assisted said: "It has given us hope; now there is light at the end of the tunnel. I genuinely believe that now. I didn’t before at all." “The Aberlour Family Financial Wellbeing Pilot stands as a model that can be implemented nationwide as part of a concerted effort to alleviate the burden of debt on disadvantaged households and help tackle child poverty.”

 

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