Third-party mortgage servicer, Computershare Loan Services, has donated £5,000 to Citizens Advice Gateshead to support the charity’s efforts to combat financial hardship.
The donation will contribute to the Dig Deep 2018 fundraising appeal to help the charity to extend its debt service to North East families who have been destabilised financially by serious medical life challenges such as dementia or by significant events such as bereavement.
Citizens Advice Gateshead says that families who have used the service have on average been able to improve their income by up to £5,000 a year.
Andrew Jones, Chief Executive Officer of Computershare Loan Services, said “We are really proud to be able to support the vital work of Citizens Advice Gateshead through our Charity Donation Fund.”
“Their important work has helped a great number of people in the North East ensure that their finances stay stable during challenging times.”
The sessions include advice on how families can deal with budgeting, redundancy, utility and rent arrears, mortgage repossessions and other financial issues.
The programme also enables families to access grants to cover the cost of specialist equipment inside the home, which means family members can return from hospital sooner.
Alison Dunn, Chief Executive of Citizens Advice Gateshead, said ”We want to see a fair society for all with lives well lived. This donation will make a real difference to our ability to support people undergoing severe hardship linked to medical conditions.”
Citizens Advice Gateshead is an independent registered charity that provides free, impartial and meaningful advice to help people locally, regionally and nationally, to understand their rights and responsibilities as well as empowering them to act on the challenges they face and turn their lives around.
Computershare Loan Services donates up to £5,000 every quarter to good causes following its creation last year of a Charity Donations Fund, which aims to help prevent financial hardship and support those experiencing money issues.