Serious debt problems among young adults could be avoided if staff who work directly with vulnerable 16-25 year-olds are given financial skills training, says Citizens Advice.
The statement comes after a joint Citizens Advice and Financial Services Authority project, to train staff such as social workers, found more than 80% of those of who took part would use what they had learnt in training sessions in their everyday work with young adults. Staff who took part also reported feeling better able to recognise at an early stage when young people were heading for serious debt problems, and to encourage them to seek help before their debts spiralled out of control. The pilot took place this year as part of an FSA-led strategy to help establish effective ways to...
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