Building financially resilient communities: the need for local action

This briefing is for policymakers in local and central government, third sector organisations and financial services providers. It follows an action research project, Debt on Teesside, undertaken by Durham University’s Centre for Social Justice and Community Action and Thrive Teesside, concerning high-cost credit use in 24 low-income households. Links to the findings and recommendations, a toolkit, practice briefing on money mentoring, and a more detailed version of this briefing are provided at end of this document. The briefing also builds on the Centre for Responsible Credit’s work on financial resilience.