CHAI has been commissioned by Trading Standards Scotland to deliver a new ‘Financial Inclusion & Capability Service’ (FICS), aimed at promoting improved financial capacity for those who may be at particular risk of having to turn to illegal money-lenders.
The new Project works with the four Recovery Hubs in Edinburgh, focusing on income maximisation, debt management and financial education.
As part of the project, we issue bi-monthly newsletters on money advice issues. So far, our newsletters have focused on budgeting, access to free banking, the costs of borrowing, the dangers of illegal lending, and alternative forms of affordable credit.
You can also follow FICS on twitter: @CHAI_FICS