A new financial advice service has launched in north Leeds to help local residents stay out of the red.
The Money Buddies service will be hosted at the Reginald Centre hub in Chapeltown where trained volunteers will help anyone faced with problems stemming from issues such as debt, high energy costs, low income and pressure from loan sharks.
The service is delivered by the Ebor Gardens Advice Centre after success in other parts of Leeds and has been made possible thanks to funding from the Inner North East Community Committee.
Its chairwoman Coun Eileen Taylor (Lab, Chapel Allerton) said: “We are pleased to be funding such an innovate and award-winning project. Based in the local community hub, residents will be able to access this service right in the heart of the community alongside many other useful resources.
“Money Buddies is a project that will support many local people with their financial matters, funding such projects are key to ensure Leeds is a compassionate city.”
Some areas the service can provide support includes helping people to maximise their income, switch utility suppliers, apply for grants, discretionary housing payments and credit union accounts and any emergencies such as dealing with bailiffs.
Nick Hart, hub manager at the Reginald Centre, said: “We wanted to get Money Buddies in here to provide debt support for people. We already a number of services here and lot of clients present with needs around debt issues and we didn’t have a service of that nature here. It’s not formal support, but people can offer guidance and advice around debt issues.”
The service also trains volunteers who can go on to gain qualifications. All expenses are reimbursed.
Money Buddies is held every Monday from 12.30pm to 3.30pm at the Reginald Centre, on Chapel Town Road.