Whilst inflation rates are slowing, household budgets are continuing to be stretched after a challenging few years. For information on the support available from us, the government, and other charities and organisations, visit the cost of living section of our website.
Take a look at some of our latest updates to help you with your money below.
Loan sharks
Borrowing money from unauthorised money lenders, commonly known as loan sharks, can lead to serious financial problems due to very high interest rates. Loan sharks exploit people in difficult financial situations, so it is important to avoid them if you need to borrow money. Find out more about loan sharks and where you can get financial support if you need it.
Westcountry Savings and Loans
If you are looking for an affordable loan or savings account, Westcountry Savings and Loans is a local credit union who can help. As a LiveWest customer you can make use of their services.
Credit unions offer loans which are affordable, with the option to borrow from £100 up to £15,000. Loans are offered for a range of purposes and interest rates are set based on your personal circumstances. Find out more on the Westcountry Savings and Loans website.
Rent and direct debit scams
A worrying trend of rent scams is unfortunately targeting people worried about money, which involves scammers asking for your bank details to reclaim money on your behalf.
It is important to be aware of anything that seems suspicious when contacted by a third party about your rent, or any other bills. Find out more about rent or direct debit scams.
