Mortgages and money owed are the highest the reason why individuals have sought cash steering over the previous 12 months, in accordance with new figures.
Houses and mortgages had been the highest purpose why individuals visited the Cash Recommendation web site between June 1 2020 and Could 31 2021.
The most typical purpose individuals contacted its helpline throughout the identical interval was inquiries about money owed.
The findings had been launched by MoneyHelper which was not too long ago launched by the Cash and Pensions Service.
The Authorities-backed MoneyHelper service is a brand new single vacation spot offering free cash and pensions steering over the telephone, on-line and face-to-face.
It additionally signposts individuals to free-of-charge debt recommendation, in the event that they want it. It brings collectively providers beforehand supplied by the Cash Recommendation Service the Pensions Advisory Service and Pension Smart.
On Monday, MoneyHelper launched a brand new on-line programme to assist individuals construct again their “monetary health” in the course of the Covid-19 pandemic referred to as Sofa to Monetary Health.
It would information individuals via three easy actions per week over 4 weeks, adopted by a five-week extension to “strengthen monetary habits”.
Subjects customers will cowl as cash necessities embrace slicing prices, staying on high of payments and strengthening financial savings.
Caroline Siarkiewicz, chief government on the Cash and Pensions Service, stated: “Just like a step-by-step strategy to coaching for a 5k run, Sofa to Monetary Health will help individuals to enhance their funds beginning with simply the fundamentals.”
Listed below are the highest causes for visits to the Cash Recommendation Service web site between June 1 2020 and Could 31 2021:
1. Houses and mortgages
2. Births, deaths and household
3. Pensions and retirement
4. Work and redundancy
5. Budgeting and managing cash
And listed here are the highest causes for calls to the Cash Recommendation Service helpline between June 1 2020 and Could 31 2021:
1. Debt
2. Houses and mortgages
3. Advantages
4. Budgeting and managing cash
5. Births, deaths and household
Source link
