We’ve created our Financial Wellbeing Hub to help you on your path to financial wellness. The hub is free for everyone to use and aims to provide all the guidance and tools required to help improve or maintain your financial wellbeing. Having a firm grip of your finances can also have a positive impact on your health, mental wellbeing and relationships.
Our hub includes articles and guides covering everything from budgeting to getting onto the property ladder. Further down the page, we’ve also included some of the best resources from the internet which give free impartial advice on money matters.
WHERE TO GET DEBT ADVICE?
If you find yourself struggling with debt, it’s important to remember that no debt problems are unsolvable and that there is always free support and advice available to help you take control of your finances. Below we’ve listed some of the most useful public resources:
Payment Support Team
If you need help with one of our loan products, speak to our payment support team on 0141 274 5409 or [email protected]
Citizens Advice Scotland have created the Money Map in response to the economic impact of COVID-19. Money Map will help you find sources of online support to increase your income, reduce your bills and ease the costs of daily living.
The Building Societies Association and the Money Advice Trust have released a helpful booklet providing guidance on what to do if you can’t pay your mortgage, or think you may struggle to make mortgage payments in the coming months.
It can be difficult to manage all the different bills and payments in our lives. The consequences of not paying off some bills before others can be more serious. Money Helper’s Bill Priority Tool can help you sort your bills and payments in the right order and tell you what you need to do if you’re struggling to pay before you miss a payment.
With the rise in cost of goods, energy prices, and inflation, the cost-of-living crisis is affecting us all. The UK Government has introduced a Help for Households campaign for the people of the UK to find out what support is available to them such as support with energy bills, household costs, transport costs and more.
The Scottish Government has introduced a new Cost-of-Living advice website to provide help to those struggling with the cost-of-living crisis. It provides useful information on the range of help available for households in Scotland. This includes help with rising energy costs, mortgage payments, and support available for those who are disabled.
Money Helper’s Money Midlife MOT tool can help you assess your current financial situation and plan for the future. It will create you a personalised report and provide guidance on what to prioritise and how to improve your financial wellbeing from midlife to retirement.
Please check first that you are eligible to apply:
You are aged 18 or over
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.