Welcome to the Money Information Centre - a website helping people in Leeds with money problems.
Are money worries keeping you awake at night? At this time of year it can be even harder to make ends meet which is why Leeds MIC has details of all the organisations in Leeds that provide impartial, free help and advice on money, debt, budgeting, reducing bills and affordable loans.
With the increased pressure of Christmas shopping as well as the usual bills, it can be tempting to borrow money from a payday or doorstep lender. There is lots of help available from local organisations which can look at your budget, help make savings or if you do require a loan Leeds Credit Union can help.
Beware of Loan Sharks - they are illegal money lenders who often charge very high interest rates. If you’ve borrowed money from one or you want to check if a company is authorised to lend money you can report them anonymously by contacting the Illegal Money Lending team:
Telephone: 0300 555 2222
Text: LOAN SHARK and the lender’s details to 60003
For more information about loan sharks and illegal money lending visit https://www.gov.uk/report-loan-shark
Almost three-quarters of parents want payday loan companies to be banned from broadcasting television and radio adverts before the 9pm watershed, according to a new study by The Children's Society
Britain’s personal debt bill now stands at a staggering £1.5trn. But, frighteningly, that unimaginable amount is being shouldered by less than half of us. In fact, according to exclusive figures obtained, 47 per cent of British adults are in debt