Increase in Child Benefit Rates
Child Benefit rates are rising in April after being frozen for 5 years! Find all the details here.
Author: Steve Lademann
Universal Credit is Forcing Some People Towards Loan Sharks
This article describes how some people are being forced to get cash from Loan Sharks. We advise that people look around carefully, especially to low-cost loans from your local credit union to help while Universal Credit payments get sorted out. Credit unions can’t help everybody, but they will do their very best to help as they do understand the problems.
People Are Moving Banks in Large Numbers
Take a look at this article showing how people are shopping around to find the best deal for their current accounts.
Closure of Ivybridge and Welcome Hall Service Points
It is with sincere regret that we have to announce the closure of the Ivybridge and Welcome Hall, Devonport, Service Points. Welcome Hall has recently changed ownership and, coupled with the retirement of the Service Point Officer, has led to its closure.
Child Benefit: The Details
Find out more about Child Benefit in this article.
Open Banking
Have you heard about Open Banking? Here’s what’s happening within the High Street Banking sector.
Housing Benefit Increasing in April
There are reports that the government is ending the freeze in housing benefit in April and that 1 million people could get an extra £170 a year. See the full article here.
Universal Credit: How Do Earnings Affect Your Payments?
The Department of Work And Pensions will reduce the amount of Universal Credit you get paid when you start earning. But by how much? See this article for the details.
Rise in State Pension Age – Are You Affected?
The age at which you can get a state pension is changing. Are you affected? Click here to find out more.
Bank Overdraft Rates Rising Sharply
Most of the major banks are raising their overdraft rates, in most cases close to 40%! This is more than a lot of credit card rates, so be careful! Shop around. Click here for the full story from Martin Lewis’ moneysavingexpert.com site. Don’t forget you can also use a Credit Union loan to consolidate your debts, something many of our members do.