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DEBT TALK
About Us
Advice
Education
Research & Campaigns
Podcasts
News
  • OFGEM Admin Bill Admin
  • PM to End Rough Sleeping
  • Council Tax Enforcement
  • Response to the MaPS
  • FCA Authorisation
  • Consultation
  • Currently recruiting
Contact Us
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  • About Us
  • Advice
  • Education
  • Research & Campaigns
  • Podcasts
  • News
    • OFGEM Admin Bill Admin
    • PM to End Rough Sleeping
    • Council Tax Enforcement
    • Response to the MaPS
    • FCA Authorisation
    • Consultation
    • Currently recruiting
  • Contact Us
  • About Us
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  • Education
  • Research & Campaigns
  • Podcasts
  • News
    • OFGEM Admin Bill Admin
    • PM to End Rough Sleeping
    • Council Tax Enforcement
    • Response to the MaPS
    • FCA Authorisation
    • Consultation
    • Currently recruiting
  • Contact Us

Debt Talk: Healing the Trauma of Poverty

Debt Talk: Healing the Trauma of PovertyDebt Talk: Healing the Trauma of PovertyDebt Talk: Healing the Trauma of Poverty

Trauma of Poverty

At Debt Talk, we see the trauma of poverty every day.


Poverty is not just about having too little money. It is the constant worry about paying the rent, feeding your children, keeping the heating on, or answering the phone because it might be another creditor. It is the shame of borrowing from family, the fear of eviction, the anxiety of opening letters, and the feeling that no matter how hard you work, you cannot get ahead.


For many Bangladeshi and other racially minoritised communities, these pressures are often made worse by low-paid and insecure work, rising living costs, debt, overcrowded or insecure housing, welfare policies, language barriers, discrimination, migration experiences, and the expectation to support family here and abroad while maintaining dignity within the community.


We also know that people do not all experience poverty in the same way. Some are reluctant to ask for help because of shame. Others fear being judged or misunderstood. Many rely on family, faith, or community before approaching formal services. Too often, mainstream services fail to recognise these realities.


That is why our work is rooted in trust, culture, and lived experience. We believe support should be trauma-informed, culturally responsive, and designed with the communities it serves—not for them.


Most importantly, we reject the idea that poverty is a personal failure. The people we support are hardworking, resilient, and determined to provide for their families. The trauma they experience is created by structural inequalities: low wages, insecure work, unaffordable housing, financial exclusion, and a welfare system that too often leaves people behind.

Helping people through debt is only part of the solution. P


Preventing the trauma of poverty means tackling the inequalities that create it in the first place. It means building an economy and a society where everyone has the opportunity not only to survive, but to live with dignity.


— Ripon Ray, Founder, Debt Talk; author of Covid Crisis: Brit-Bangla Response

About Us

Debt Talk CIC was founded in response to the profound trauma experienced by Bangladeshi communities in London during the COVID-19 pandemic.


The crisis not only exposed long-standing inequalities, but it also deepened financial hardship, emotional distress, and generational wounds caused by poverty. In the face of this adversity, the strength of the Bangladeshi community shone through acts of solidarity, storytelling, mutual care, and collective problem-solving. These experiences were documented in the publication Covid Crisis: The Brit-Bangla Response, which laid the groundwork for a trauma-informed approach to addressing poverty trauma support.


Debt Talk CIC exists to centre healing, dignity, and empowerment by:


Creating trauma-aware anti-poverty forums where Bangladeshi communities can safely explore the root causes of poverty, share lived experiences, and collectively address the emotional and structural impacts of financial trauma.


Developing community-led strategic research, campaigns, and innovative support initiatives that restore agency, reduce stigma, and strengthen wellbeing, particularly for ethnic minority groups.


Providing accessible, compassionate financial education and community debt advice that builds long-term resilience and alleviates the fear, shame, and overwhelm often linked to money stress.


Delivering culturally competent, trauma-informed debt advice so individuals can navigate financial crises with hope and dignity for a better future.

Podcast

Podcast cover for 'Debt Talk' with Ripon Ray about cost of living crisis.

Real conversations create real change.


Every day, we hear the real stories behind debt, poverty and financial hardship. Through our FCA-authorised debt advice, we understand the questions people are asking, the challenges they face and the issues that matter most.


Our podcasts turn those experiences into honest conversations. We bring together people with lived experience, community voices and experts to share practical advice, challenge stigma and explore the issues affecting our communities.

Every episode is inspired by the conversations we have in our advice service, helping more people understand their rights, make informed financial decisions and know they are not alone.


At Debt Talk, we don't just tell stories.

We listen. We share. We educate. We empower.

Know More. Stress Less.

Listen on spotify

Latest Episodes

Research &Campaign

Debt Talk CIC publishes its first report


Breaking Point to Breaking Through reveals a hidden debt crisis affecting Bangladeshi Londoners, based on community consultations with over 45 residents, frontline workers and statutory organisations in Tower Hamlets.


Despite 63% of Bangladeshi Londoners living in poverty, there is no dedicated, culturally responsive debt advice service for this community. The report shows how shame and honour (izzat), faith-based barriers to interest, informal lending, remittance pressures and intergenerational trauma combine to push families into crisis before they seek help.

Participants were clear: mainstream debt services are not working. Generic advice, interest-based solutions, digital-only access and short-term funding models exclude Bangladeshi lived realities.


The report outlines community-designed solutions, including Bengali-speaking advisors, trauma-informed and faith-aware support, Shariah-compliant credit pathways, holistic debt and wellbeing support, and outreach in trusted community spaces.

Founded in 2025, Debt Talk CIC is the UK’s first Bangladeshi-led debt advice and financial education service, building on proven community-led approaches developed during the COVID-19 response.


This report makes one thing clear: Bangladeshi poverty is specific, structural and solvable — and the time to act is now.

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All proceeds will be invested into community projects and activities.

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Email: admin@debttalk.org 


Please note that Debt Talk CIC is a private company limited by guarantee without share capital, a community interest company

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Debt Talk CIC publishes its first report

 

Breaking Point to Breaking Through reveals a hidden debt crisis affecting Bangladeshi Londoners, based on community consultations with over 45 residents, frontline workers and statutory organisations in Tower Hamlets.


Despite 63% of Bangladeshi Londoners living in poverty, there is no dedicated, culturally responsive debt advice service for this community. The report shows how shame and honour (izzat), faith-based barriers to interest, informal lending, remittance pressures and intergenerational trauma combine to push families into crisis before they seek help.

Learn more