THT Hardship Fund Open

posted: 13/10/2010

The Terrence Higgins Trust (THT) Hardship Fund has now opened. People with HIV who need fnancial support can now apply for up to £100. In mid June Crusaid's Hardship Fund merged with Terrence Higgins Trust and the hardship fund closed temporarily. 

The replacement Hardship Fund service from Terrence Higgiins Trust will be fully working from April 2011. In the meantime George House Trust, which is the only approved referring agency in North West England, can apply to the THT hardship fund for grants of up to a maximum of £100 per person. People can't apply direct - they either need to apply through us, or use the Terrence Higgins Direct phone service: THT Direct on 0845 1221 200

If you live in NW England please speak to one of our service advisers for more details - 0161 274 4499. We can help in various ways, including through our own welfare fund, and with benefits and money advice.

Sir Nick Partridge, chief executive of THT, said:

“For years the Hardship Fund has been an important resource, making a real difference to the lives of people with HIV, and THT is fully committed to preserving its legacy. We are working hard to get the national fund fully operational by next spring, and in the meantime we hope our interim fund will continue to help those who need it most.”
 

A report released this week by THT and the National AIDS Trust said that one in six people diagnosed with HIV make use of the fund, and that the majority of beneficiaries are living in “extreme” poverty, on just 20 per cent of the average weekly income. Read more about this here
 

Dying with Food Problems

posted: 14/10/2009

Researchers in Canada have found that people taking HIV treatment who experience 'food insecurity' have an increased risk of death. The many destitute people refused asylum or leave to remain in the UK, as well as people on limited benefits and low incomes here, could face the same risk.

Food insecurity means not having enough nutritious food, or having uncertainty about obtaining food. Earlier research amongst injecting drug users taking HIV treatment in San Francisco showed that food-insecure patients were less likely to have an undetectable viral load.

Skinny and Hungry

Now researchers have found that current or former drug users in Vancouver, Canada, who are taking HIV treatment have a 50% increase in the risk of death if they experience food insecurity. The risk was especially high for people who were food insecure and underweight.
They recommend that poor patients in richer countries should receive food supplementation, and that there should be wider efforts to alleviate poverty.
 

More money or a Dietician?

Many HIV clinics in the UK have a specialist dietician who can provide information about diet. Specialist HIV social workers can also help you make sure that you have enough to eat. However the problem is largely one of poverty.
 

The government has just cut the weekly rate for a single asylum seeker over 25 who is destitute and from £42.16 to £35.13 a week from early October. At the same time, benefits for asylum seekers who are lone parents with one child are frozen at £42.16 instead of rising in line with consumer price inflation, leaving them £2 a week worse off.

Diary of an Asylum Seeker with her child scraping by on weekly asylum support from NASS.

There is more information on nutrition in NAM’s information booklet Nutrition. You can download it here.

Provident Financial Charges 545% Interest

posted: 29/07/2009

People in poverty, as many living with HIV are, who take out loans from door-step lender Provident Financial are charged "extortionate" interest rates, say Barnardo's, the children's charity who work closely with George House Trust.

Provident Financial reported a rise in profits despite the credit crunch squeeze on household budgets. The company, known as "the Provvy" to many, agreed some of its customers were being charged annualised interest rates of up to 545%, but said it played a valuable role in improving people's living standards – and keeping some of them out of the clutches of loan sharks. Its business practices have certainly impressed some City analysts. Numis Securities today hailed it as "probably the most profitable bank in the world".

Provident Financial, whose consumer credit arm sells small loans door to door, said pre-tax profits rose 3.5% to £53.1m in the six months to 30 June. It has more than 2.1 million customers, 400,000 of whom hold its credit cards. Peter Crook, chief executive, said that despite the challenging environment, the company expected to deliver "continuing quality growth" during the next few months.

His firm has seen a big rise in loan applications since the high street banks began to tighten lending criteria. The home credit industry is where rejected applicants from the high street lenders – some with poor credit histories – can turn for loans.

Call for consumer investigation

Barnardo's today called on the Office of Fair Trading to investigate the practices of lenders that "prey on the poor". It was concerned about the pressure on people to take out "punitively high-interest" loans. The charity said the firm's "extortionate" interest rates "are typical of many doorstep lenders which will continue to flourish unless the government steps in".

Barnardo's chief executive, Martin Narey, said many low-income families were forced to "take what they can get" because banks did not want their custom. The charity cited examples of Provident loan calculations, claiming that, for a £500 loan over 31 weeks, the total repaid would be £775, an interest rate of 365% APR. For a £500 loan over 23 weeks, the total would be £747.50 – an interest rate of 545% APR.

Crook acknowledged Provident Financial was "not the cheapest lender in town", though this partly reflected the fact that an agent called at the customer's home every week to collect their repayments.

The credit crunch means these fringe lenders thrive, as people find it even more difficult to borrow from traditional high street lenders. Crook said customer demand was "a little bit weaker than you might think. People are unsure about whether they will still be in work in three months' time". Many of those wanting to borrow from his company already had too much debt. Its home credit division was turning down about two-thirds of applicants.
 

Money problems?

Provident Financial and similar doorstep lenders offer people in poverty a very bad deal, but one that is hard to resist when there seems to be no alternative.

An experienced former Citizens Advice Bureau money adviser reports that once people are in their clutches it is very difficult to extract yourself without help - the weekly doorstep collector works hard to be your "friend," but turns on the pressure to collect the weekly payments, and tries to "help" by offering a new loan, so you always owe them money and can rarely escape. They work on commission. Of course they are friendly and keen to help - they are making a good living off you and others.

George House Trust can provide considerable support with money problems - our welfare fund, access to other funds such as Crusaid - financial help. People living with HIV in NW England wanting advice and assistance should contact our services team for our specialist debt and money advice.

George House Trust Debt and Money advice
Help with dealing with your debts and managing your money, from a specialist adviser from Manchester Advice.

Thursdays 10.00am - 12.00 midday

Mondays 2pm - 4pm.

Please call to book an appointment - 0161 274 4499.

Source

Final Demand – mental health and debt

posted: 27/05/2009

Chris Fitch, a researcher for the Royal College of Psychiatrists, is the author of Final Demand, a booklet written to help health and social care staff, and accompanying resources for to use in support.
He talks here about his background and experience in debt advice with people who are depressed, anxious, or who have other mental health problems, all of which are very common among people living with HIV.
 

How did you get involved in debt and mental health?
Doing field work in 2003, I met people living with "debt and a diagnosis", and not getting help. At the time, I figured there must be a solution, but when there wasn't one, I tried to fill the gap a little.

What is Final Demand about
Final Demand is a pocket guide about debt and health. It shows health and social care workers how to help indebted clients, with the aim of preventing financial or mental health crises. It has been sent to 110,000 GPs, nurses, psychiatrists and social workers.

What is the relationship between debt and mental health problems?
Debt can be stressful, anxious, and downright depressing. Although associated with economic circumstance, debt can trigger major life changes, and individuals often struggle with a toxic cocktail of financial and personal issues. Four million adults could be living with debt and mental health problems. One in eleven British adults are seriously in debt. Half of adults in debt have a mental disorder, while one in four people with mental disorders also have debts.
 

Are you expecting mental health issues to increase in the recession?
Unemployment, repossession, and debt will increase demand for mental health services. As the recession continues, people not used to financial difficulty will increasingly be hit hard mentally. We can stop short-term distress becoming long-term disorders by maintaining existing mental health services, health advice and support for the jobless and indebted, and investing in linking money advice with health services.
 

What should professionals do?
They should consider debt as an underlying cause in stress-related illness, ask simple questions about debt in routine assessment, refer people to an appropriate debt advice service and don't just refer and forget, but support the adviser and the client/patient.
 

How can we improve the situation?
Governments should invest in tackling debt and mental health, as they have with unemployment and mental health. Banks should acknowledge that one in six of their customers have mental health problems, and take this into account when recovering debts.
 

At the Final Demand website you will find

• Final Demand booklet - an online web version
• Final Demand booklet - a pdf version you can download and print
• Tools for workers - Debt and Mental Health Evidence Form
• Getting help

Final Demand is funded by the Financial Services Authority and published by the Royal College of Psychiatrists.

Source