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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Tuesday, 30 June 2009. It occurred during Committee proceeding and Debate on bill on Welfare Reform Bill.

Welfare Reform Bill

I am not sure I necessarily accept the proposition that there is a higher risk of default for loans made by this route. One of the key points in going down this route is to seek to ensure that, when individuals avail themselves of these facilities, they are provided with support to manage their financial affairs generally. When they need specific support, they are provided not just with a loan and no advice around that. That is one of the key issues that we want to address in using alternative providers. We hope that it will help increase individuals’ financial knowledge and their ability to handle their financial affairs generally.

Secondary information

Type
Proceeding contribution
Reference
712 c40GC 
Session
2008-09
Chamber / Committee
House of Lords Grand Committee
Subjects
Staff Complaints Disability Contracts Appeals Carers Community care Advisory services Community care grants Housing benefit Fraud Employment Jobseeker's allowance Income support Jobcentres Eligibility Income Jobcentre Plus Earnings rules Mental illness Pilot schemes Personal savings Pensions Payments Loans Lone parents Standards Social security benefits Maternity benefits Social security Social Fund Training Take-up Unemployed people Employment and support allowance
Legislation
Welfare Reform Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk