(John Wilson (left) Beth Welsh (centre) David McCready (right).

FREE BUDGETING ACCOUNTS FOR UNIVERSAL CREDIT CLAIMANTS

Barrhead Housing Association are working in partnership with Pioneer Mutual Credit Union and East Renfrewshire Council to provide a free Money Management Account where the official launch of this joint venture took place recently.

Any tenant of East Renfrewshire Council or Barrhead Housing Association who is in receipt of Universal Credit will get their membership fees covered by their respective landlord. This includes the costs to open the Account and also become a member of the credit union and there are no ongoing fees.

Tenants will benefit from getting their housing costs paid directly to their landlord by using this account and will also benefit from a range of Account features, which include:

  • Free Life Savings and Loan Protection*
  • Saving for a rainy day
  • Access to Pioneer Mutual low cost loans*
  • Christmas Savings Club
  • Personal Service
  • All savings protected under FSCS

*subject to conditions

 

David McCready, Chairperson of Barrhead Housing Association stated ”We are delighted to be working in partnership with local agencies to ensure we can provide local services to all of our residents. Since Universal Credit went onto full service in September we have seen a surge in the number of our tenants who are moving onto Universal Credit. It is therefore crucial that we can offer as many options as possible to help tenants have their rent paid directly to the landlord”

 

Beth Welsh, business Development Manager added “The Money Management Account is about supporting all residents on Universal Credit, and not just those without bank accounts by giving claimants peace of

mind that their rent is paid while also providing a budgeting tool for their other expenses.”

 

Councillor Danny Devlin, Convenor for Housing and Maintenance at East Renfrewshire Council said “Universal Credit marks a significant change to the benefits process and for those affected it will undoubtedly cause some concern, so we are committed to supporting our residents in whatever way we can. This account, offered by our partners at Pioneer Mutual Credit Union, not only provides tenants with the peace of mind that their housing costs will be paid automatically, but also a host of other benefits that will make managing their money a little easier.”

 

PLEASE DO NOT HESITATE TO CONTACT THE OFFICE IF YOU WANT TO FIND OUT MORE ABOUT OPENING AN ACCOUNT

 

The local Credit Union can help local people manage bills, help you save, provide access to competitive loans, and give you access to a debit card. You can pay your rent through this membership also. This will help residents plan for changes coming through welfare reform.

It is easy to join – anyone who lives or works in East Renfrewshire can join, as can tenants of East Renfrewshire Council and Barrhead Housing Association.

Become a member and arrange for rent to be paid directly to Barrhead Housing Association:

The membership application form is available online. You need proof of your address and photographic ID. We can help you set up this account.

Pioneer Mutual membership leaflets can be downloaded directly from their website.

Pioneer Mutual Credit Union Website

 

Partnership signing – December 2013 – Councillor Ian McAlpine, Barrhead chairperson Rena McGuire and Stephen Walsh, Credit Union.

Credit Union signing

 

 

Contact details