Financial help

Dealing with finances can be scary for anyone, but it is even more difficult for those who struggle with reading and maths.

Many people have a poor credit history and find they struggle to open a bank account or get affordable loans or home insurance.

They often think their only choice is to get loans at high interest rates or from illegal money lenders (loan sharks). This can put you into debt very quickly.

We can help!

Your Housing Options officer can arrange for friendly support and advice to help you:

• open and manage a basic bank account
• explain how a bank account can help you reduce your household expenses
• work out a household budget
• explain how credit unions work and how to arrange affordable loans
• improve your reading and maths to help you understand and manage your finances

For more information, contact Salford Housing Options Point.