Wednesday, 5 April 2017

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.

No comments: