Money and debt advice agencies
If you find yourself in any kind of difficulty, these organisations can offer free, independent and impartial advice
|
Organisation |
Telephone |
|---|---|
| Money Helper [https://maps.org.uk/en/about-us/moneyhelper/cost-of-living-resources#] (From the Money and Pensions Service) | None |
|
Coventry Citizens Advice [https://www.coventrycitizensadvice.org.uk/] |
024 7625 2047 |
|
GamCare [https://www.gamcare.org.uk/] |
0808 8020 133 |
| Illegal Money Lending Team (IMLT) [https://stoploansharks.co.uk] Investigates and prosecutes illegal money lenders while supporting those who have borrowed money from a loan shark. |
0300 555 2222 |
|
Step Change Debt Charity [http://www.stepchange.org] |
0800 138 1111 |
|
National Debtline [https://www.nationaldebtline.org/] |
0808 808 4000 |
|
Money Advice Service [http://www.moneyadviceservice.org.uk] |
0800 138 7777 |
Credit unions
Credit Unions are rapidly growing as they encourage people to get into the habit of saving.
The Council is supporting the move as part of its efforts to work with partner agencies across the city to mitigate the effects of welfare reform and to steer people away from relying on payday loans.
Credit Unions are not-for-profit financial co-operatives providing a range of financial services to members. They are managed and controlled by their members and are covered by the financial services compensation scheme.
The unions have a wide range of members but for them to grow more members are needed.
Find out more about the city’s two credit unions
- The Coventry and District Credit Union [http://www.creditunioncoventry.com] which offers a range of banking services in the city
- The Clockwise Credit Union [https://www.clockwise.coop/new-central/]