Debt and Money Advice
Kernow Credit Union
During the pandemic, all our Service Points have had to close for obvious reasons but the Main Office at Redruth has continued to operate with Officers and staff working from home. New back office and telephone systems have been put in place to ensure that our service to members and new members are as trouble free as possible. In normal times Kernow Credit Union operates at Barclays Bank in Liskeard on a Thursday 10-12 noon.
What Is A Credit Union?
A Credit Union is a financial organisation that encourages its members to borrow and save responsibly. We provide an alternative service to banks, building societies and high interest loan providers. We encourage you to save what you can and borrow only what you can afford to repay.
Christians Against Poverty
UK poverty is real, with millions locked in its miserable grip. Christians Against Poverty is committed to bringing life changing freedom and good news to people in desperate need. Now Liskeard and Looe have their very own frontline CAP debt centre.
It’s a completely free, non-profit making service, which has been funded by donations and grants. The new centre is a partnership between a group of local churches – St Martin’s Liskeard, the Liskeard & Looe Methodist Circuit, Greenbank Community Church, Grace Church in Morval and Light & Life Free Methodist in Liskeard.
The people CAP help have often suffered multiple life traumas – the kind of unexpected events that would sink you if you were hit by just one, never mind three, four or five. Family illness, bereavement, relationship breakdown and poor mental health are some of the causes that can trigger an unstoppable spiral into debt and poverty.
37% of people have told us that they were afraid to leave the house before they got help from CAP – whilst 35% have sadly considered or attempted suicide as a way out of debt.
CAP doesn’t pay off its clients’ debt. Instead it helps clients by:
- Analysing their income & expenditure
- Advising what income is available (after covering essentials) to repay debt
- Teaching budgeting skills
- Advising the best way to deal with debt
- Taking over responsibility for dealing with those who are owed money
- Making arrangements to repay the debt
Clients often feel an immediate release by calling CAP and seeking help. We bring relief and good news to the poor and needy.