Posts about Credit Unions

Rhian charts financial inclusion progress as Champions project ends

Rhian Hughes reflects on the development of financial inclusion services during her 16 years at the Wales Co-operative Centre This month sees the end of the Financial Inclusion Champions project in Wales and, as the North Wales Financial Inclusion Champion, I will be saying farewell to the Wales Co-operative Centre after 16 years. I started […]

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The vulnerable nature of under 35s living in shared accommodation in the Private Rented Sector (PRS)

Shared housing can be problematic for both working tenants and those claiming benefits. Putting a group of strangers together and hoping they will get along is risky.   A new tenant moving into an established shared house can change the dynamics, mixing younger and older tenants, same sex or not, again can be problematic. In the […]

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Make your money go further by reviewing how you spend and save

Looking at how you spend and save can make a significant difference to your bank balance and lifestyle – even the smallest of changes, writes Chris Kay, chair of North Wales Credit Union. Spending sprees are fun at the time, but the consequences can last years and none of us want to face an eternity […]

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International Credit Union Day – A Welsh perspective

From Joseph Allen, Wales Policy Officer for the Association of British Credit Unions Limited (ABCUL) It’s International Credit Union Day today, and that makes it a good day to talk about Welsh credit unions: what they offer, how they’ve developed, the challenges they’re facing, and why forging partnerships with employers is going to be such […]

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Citizens Advice insight highlights vital financial inclusion role

I’ve taken the opportunity to reflect on a day that I’ve spent with Caerphilly and Blaenau Gwent Citizens Advice Bureau, to understand how our ‘Your Money, Your Home’ (YMYH) project can work better in partnership with a key service. Recently I met with Jan Channing and Ann Matthews of Caerphilly and Blaenau Gwent Citizens Advice […]

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Universal Credit arrival leads to loan shark warning

With Universal Credit having now been introduced in a lot of areas in Wales and imminently in others; ensuring that the perpetrators of illegal money lending do not prey on the most vulnerable in our societies is becoming even more important. Universal Credit is a single monthly payment for people in or out of work, […]

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The reality of being a statistic of policy change and procedures

I wanted to tell you about the experience of just one of the many tenants that the Wales Co-operative Centre’s, Comic Relief funded, ‘Your Money, Your Home’ project has been working with. It shows the reality of what many people are having to deal with in the current economic climate. During a home visit in […]

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National Survey sheds light on Welsh population’s money matters

Last week, the results from the latest National Survey for Wales (covering April 2014 – March 2015) were published. There were a number of aspects of the results that are of particular relevance to the work we are doing in Your Money, Your Home (YMYH) to combat financial exclusion in Wales. These are related to […]

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Six months in, ‘Your Money, Your Home’ is making a big difference to people’s lives

Sometimes we are so busy doing our jobs, that we forget about the difference our work makes.  I just wanted to share a text, which our Financial Inclusion Officer received last week after helping a tenant who was struggling to cope financially. ‘Why can’t they all be as helpful as you, feel so relieved today. Feel […]

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Nearly half of UK couples tell money lies to their partner

This was the conclusion of research published last week by the Money Advice Service. Having asked 2,000 couples across the UK about their money habits, they found that 45% admit they aren’t always honest with their partner about their earnings and spending. In Wales the figure is marginally lower, with 41% admitting that they lie […]

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