1 / 14

Discount deal scheme Tracy Harrison Business Development & Marketing Manager

Discount deal scheme Tracy Harrison Business Development & Marketing Manager. About us. Membership body Not-for-profit 180 full members (Northern specific);165 affiliate members (national) 2.5m social housing homes represented Our role is to represent & support our members.

mura
Download Presentation

Discount deal scheme Tracy Harrison Business Development & Marketing Manager

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Discount deal scheme Tracy Harrison Business Development & Marketing Manager

  2. About us • Membership body • Not-for-profit • 180 full members (Northern specific);165 affiliate members (national) • 2.5m social housing homes represented • Our role is to represent & support our members

  3. Why was Smarterbuys set up? • Outstanding personal debt: £1.458 trillion June 2012 • 314 people are declared insolvent or bankrupt every day • 1,607 people made redundant every day March-May 2012 • 1.2m resort to payday loans annually • Some of the better known payday loancompanies charge interest rates of over 2,500% APR

  4. Social housing tenants are highly vulnerable & at risk of exploitation • 20% of social housing tenants use doorsteplenders • Household debt likely to worsen • with Welfare Reform...

  5. What is Smarterbuys? • Credible, responsible alternative to high interest stores & loan sharks • Website providing essential household items • Offers discounts & promotes responsible finance

  6. How does it work? • Currently one deal per month (each deal will be ‘live’ for the full month) – full product range from November 2012 • We negotiate significant discount, based upon volume • Choice of payment options – for the banked and unbanked

  7. Benefits to tenants • Great value deals • Payment options • Introduction to credit unions • Promoting digital inclusion

  8. Benefits to landlord • Financial Inclusion service for residents • Introduces tenants to CU in advance of Universal Credit • ‘Race online’ digital inclusion

  9. Benefits to Credit Unions • Increasing membership • Raising awareness of CU services • Fulfilling agenda of supporting people to be financially responsible

  10. Over110 landlords have signed up and we have been able to reach over 1 million tenants

  11. Range expansion • ‘Smarterbuys Local’ – offered in conjunction with social housing landlords

More Related