Open a savings account and we will give you money!
'Matched savings scheme' for Newlon residents
Newlon Housing Trust are working in partnership with Islington and City Credit Union to offer matched savings for Newlon Residents. This means that if you open a savings account with Islington and City Credit Union and invest £60 over three months, Newlon will match that investment. All you need to do is save no less than £5 per week or at least £20 per month for three consecutive months and Newlon will credit your account with £60.
Savings for children
Also if your children open a Young Savers Account with the Credit Union, Newlon will give them £10 for their account as long as they save no less than £2.50 per week or £10 per month for three consecutive months.
For Tower Hamlets and Hackney residents
If you open a savings account with London Community Credit Union and if you save no less than £5 per month for six consecutive months, Newlon will put £50 into your Credit Union account. If your children open a Young Savers Account with the Credit Union for over a year, Newlon will credit that account with £10.
To find out about these offers, call Ketra Najjingo on 020 7033 4572 or email knajjingo@newlonfusion.org.uk.
Money advice
Fair Finance can help
Newlon have linked with Fair Finance, a local not for profit organisation, to help you with your finances and to help prevent possible problems with debt and arrears. Through this partnership you can receive debt counselling and one to one money advice absolutely free!
For more information, please contact Ketra Najjingo on 020 7033 4572 or email knajjingo@newlonfusion.org.uk. You can also contact Fair Finance directly on 020 7780 1777 or 020 7254 1976.
Other useful contacts:
If you are in debt and need some help and guidance you can also speak to the following organisations:
Consumer Credit Counselling Service:
Full debt help service. Tel: 0800 138 1111. Opening times: Monday to Friday 8am–8pm.
National Debtline:
Full debt help service. Tel: 0808 808 4000. Opening times: Monday to Friday 9am–9pm, Saturday 9.30am-1pm.
Citizens Advice Bureau:
Full debt and consumer advice service with many having specialist caseworkers to deal with any type of debt including repossessions and negotiation with creditors. Opening times: different for each bureau.
Community Legal Advice:
Tel: 0845 345 4345 (or text 'legalaid' and name to 80010 to get a call back). Opening times: Monday to Friday 9am–6:30pm, Sat 9am–12:30pm.
Local agencies:
There may be a local debt help agency in your area, if so check it is non-profit or a charity, before signing up. Try entering your postcode into Money Advice Map to find free independent financial advice centres in your area.
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