Rainbow Money has continued to offer debt advice throughout the lockdown with Claire working remotely. Like the rest of the centre, she is looking forward to welcoming her other volunteers back and to seeing clients in person now that there seems to be some light at the end of the tunnel. This has not stopped her getting some fabulous results for her clients however. In the latest government figures, Scarborough is top for overall insolvencies and Debt Relief Orders and 8th in the country for bankruptcies. While this sounds like bad news, you can’t easily become bankrupt, insolvent or get a Debt Relief Order without good financial advice and paying a large fee. Despite the pandemic, Scarborough locals still have access to brilliant free help from local debt advisors like Claire. We prefer to think of it as Scarborough being top for people becoming free from debt and regaining control of their finances!
Rainbow Money has also had a great year for Acts 435 – an innovative programme which connects those who want to give directly with someone in need. In 2020 Rainbow Money raised £8045 for 64 help requests (which included white goods, bonds and DRO fees) via Acts435. That’s over double the figures for 2019. A massive thanks to all those who donated.
Don’t keep struggling with your finances. For freedom from your money worries click here to find out how Rainbow Money can help, or call 01723 500568.