Money Manager Tool For Universal Credit Claimants

An online budgeting tool for people who claim Universal Credit has been launched by the DWP. Universal Credit bundles all benefits – including housing – into a single payment, giving claimants greater freedom to control their own finances. However the new system has caused headaches for landlords, with 25% of those renting to UC claimants saying their tenants have fallen into arrears in a recent RLA survey. DWP has been working in collaboration with the Money Advice Service to design and develop a new online Money Manager Tool. It has now been installed in all Universal Credit Job Centres and can be accessed online.  Find the tool on the Money Advice Service website.