MoneyWorks is a Newham Council initiative which provides an ethical and affordable alternative to high-cost short-term credit firms who exploit residents with extortionate rates of interest.
The council works in partnership with London Community Credit Union (LCCU) to offer residents better deals on financial products as well as help with debts and money management.
For people working all day long it is often difficult for people to access services such as financial advice, therefore we decided it would be a good idea to bring this service to our site on the Royal Albert Dock.
We had an initial meeting with MoneyWorks at their base in Stratford and explained that accessing services can often be difficult for people working in the construction industry, issues such as lack of time and sometimes a language barrier can mean that people often do not know where to turn to.
As a result MoneyWorks offered to visit the Royal Albert Dock and bring information on financial help and the services they provide. The staff who came to spend the day with us were excellent. They spent their time in the site canteen introducing themselves to the workforce and handing out information on their services.
Entry submitted by Multiplex
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