New Financial Health Service launched

A new Financial Health Service offering a one-stop-shop for money advice services was launched by Business Minister Fergus Ewing on December 3rd.

Scotland’s Financial Health Service website provides links to a range of organisations offering information and advice on debt, managing money, housing, homelessness and ethical lending.

A key part of the new website is a Financial Education module which aims to help people to manage their money to stop any future problems. The website also allows users to search for their local credit unions and find out about the products offered by them, and to search for approved money advisers.

There are also advice areas covering the debt arrangement scheme (DAS), trust deeds, bankruptcy and debt management plans, as well as useful links to budgeting and saving tools, benefits calculators and other advisory agencies such as Age Scotland, Citizens Advice and the National Debt Line.

Fergus Ewing commented at the launch, “It is important that we take action to help those people in Scotland who are struggling under the burden of debt. We have developed Scotland’s Financial Health Service because we must ensure that people who need to access debt and budgeting advice, do so easily with credible sources”.