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	<title>hgdover50sforum.org.uk &#187; universal credits</title>
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	<description>A Voice for Older People in the Harrogate District</description>
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		<title>Less than 4% on low incomes take up high interest saving scheme</title>
		<link>https://hgdover50sforum.org.uk/less-than-4-on-low-incomes-take-up-high-interest-saving-scheme/</link>
		<comments>https://hgdover50sforum.org.uk/less-than-4-on-low-incomes-take-up-high-interest-saving-scheme/#comments</comments>
		<pubDate>Sun, 02 Feb 2020 16:37:21 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA['Help to Save']]></category>
		<category><![CDATA[Pension credit]]></category>
		<category><![CDATA[savings]]></category>
		<category><![CDATA[universal credits]]></category>

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		<description><![CDATA[According to the Government, only 312,000 people, out of the 3.5 million who are eligible, have participated in an saving scheme which could earn them a 50% interest rate. The scheme known as &#8216;Help to Save&#8217; rewards low income earners who save from £1 to £50 per month, even if they are claiming pension credits [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><a href="https://hgdover50sforum.org.uk/wp-content/uploads/2013/09/Piles-of-new-£1-pounds.jpg"><img class="alignleft size-medium wp-image-7293" src="https://hgdover50sforum.org.uk/wp-content/uploads/2013/09/Piles-of-new-£1-pounds-300x218.jpg" alt="Piles of new £1 pounds" width="300" height="218" /></a>According to the Government, only 312,000 people, out of the 3.5 million who are eligible, have participated in an saving scheme which could earn them a 50% interest rate. The scheme known as &#8216;Help to Save&#8217; rewards low income earners who save from £1 to £50 per month, even if they are claiming pension credits of universal credit. To find out more, please see our <a href="https://hgdover50sforum.org.uk/finance/" target="_blank">Finance page</a>.</p>
<p>&nbsp;</p>
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