Credit Action Projects
In addition to our core work, Credit Action runs projects mainly targeting good money management amongst groups considered particularly vulnerable to debt or financial poverty such as prisoners, students and single parents.
To find out how you can get involved in any of these projects or for more information, contact Credit Action on 0207 380 3390, or at office@creditaction.org.uk.
16-19s Money Education Project
Today many school leavers are ill equipped to manage their money in adult life because they have not been taught even the basics about budgeting, bank accounts and credit whilst at school. That is why Credit Action believes it is vital to improve the provision of money education for young people.
Through this project, Credit Action aims to expand the scope of its delivery of financial education in sixth form colleges.
In association with
Moneybasics
Moneybasics is our long-term partnership with GE Money.
Through this partnership, we run an additional website www.moneybasics.co.uk giving help and advice on different aspects of managing money.
Moneybasics is also the vehicle for our recent 'Spendometer' mobile phone budgeting tool.
In association with
Single Parent Guide
The cost of raising a child is currently estimated to be £23.50 per day.
For single parents, 42% of whom are on an income of less than £200 per week, managing money effectively is essential.
In association with
Student Project
The average student now leaves university with £12,363 of debts and money worries are a key reason for many of those who drop out of university.
Good money management can help canny students to cut their costs, make sure they are receiving all they are entitled to and keep their debts to a minimum.
In association with
Big Issue Financial Inclusion Project
In summer 2007, the Big Issue Foundation initiated a financial inclusion project to help Big Issue sellers to manage their money effectively.
The project recognises the difficulties that those who are homeless face in accessing financial services and managing money on low and irregular incomes.
In association with
Money Worries Project
Through this project, Credit Action aims to bring straightforward budgeting tips and signposting to free debt advice to marginalised groups through use of eye-catching postcards.
In association with
Polish 'Thinking About Money' project
In Autumn 2008 Credit Action will have 10,000 Polish 'Thinking About Money' guides available for organisations and individuals throughout the UK thanks to funding that covers translation, printing, design and distribution from International Personal Finance.
This guide provides information on bank accounts, saving, taking out credit and many other fundamental elements of the present financial system.
Supported by
Prison project
48% of prisoners have a history of debt and 60% are financially excluded (do not have access to mainstream financial products such as bank accounts).
Money issues have been identified by the National Offender Management Service as one of the causes of re-offending and therefore access to advice and money education training are important services.
In association with
