The Government has now, however, set aside £27m of funding to provide for free debt advice during 2011/12. The money will be distributed between the CAB and other independent advice agencies in England & Wales offering hundreds of consultants facing redundancy a reprieve, and ensuring that everyone will continue to have access to free and unbiased advice and assistance in sorting out their financial difficulties.
Despite the renewal of funding, however, the Secretary of State for the Department of Business, Innovation & Skills has called on "other funding streams" such as local authorities to provide more financial support to the free debt advice sector, and has also asked the Consumer Financial Education Body - which is soon to be known as the Money Advice Service - to deliver a free national advice service online, over the telephone, and face-to-face. The CFEB's site is already an extremely useful resource. The new service should be available by the Spring.
Despite the renewal of funding, however, the Secretary of State for the Department of Business, Innovation & Skills has called on "other funding streams" such as local authorities to provide more financial support to the free debt advice sector, and has also asked the Consumer Financial Education Body - which is soon to be known as the Money Advice Service - to deliver a free national advice service online, over the telephone, and face-to-face. The CFEB's site is already an extremely useful resource. The new service should be available by the Spring.
Geoff - http://www.metlissbarfield.com/
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