Advocacy
This year Credit Action will be Digging Deeper. One of our key ways of doing this is to increase our advocacy work.
What is advocacy?
Advocacy is very simply described as the pursuit of influencing outcomes (by interceding or arguing) which directly affect people’s lives. To be an advocate is to speak up!
What are we trying to achieve?
Everything that Credit Action does aims to:
- Increase levels of financial literacy and capability
- Address issues of consumer detriment
- Remove the fear and confusion that so often surrounds the subjects of money and finance
- Promote financial inclusion
What do we want?
At Credit Action we have created our very own manifesto, which outlines our top concerns and requests from any future government.
Here are our Big Five asks:
- To give students and graduates a fair deal – That students will not be plagued by the delays that dominated the system last year and that graduates will be able to repay their student loans through a simple and transparent system.
- To provide help to low-income and vulnerable consumers – That both the Social Fund and the Post Office will undergo reform to help combat issues of financial exclusion and to provide real help and services to consumers.
- To add money education courses into the insolvency process -That money education courses are provided to everyone going through insolvency - be that a Debt Relief Order, an IVA or bankruptcy - as a condition of the process.
- To ensure credit products are easy to understand - That the allocation of payments on credit cards will be changed, to repay the most expensive debts first, and to ensure that overdrafts are attributed with an APR.
- To incorporate money education into the curriculum -That as PSHE is made compulsory, a minimum of two hours of financial education will be included into the curriculum.
Current Areas of Advocacy
For further information on Credit Action’s Advocacy work, contact Jo Parsley, the Advocacy Officer at office@creditaction.org.uk.
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