Money Advice and Budgeting Service Flashcards
Who funds the MABS?
The Department of Social Protection
What does MABS stand for?
Money Advice and Budgeting Service
What is MABS?
A free, confidential and independent service for people in debt or at risk of getting into debt
What does MABS operate from within?
The Citizens Information Board
How many MABS are there nationwide?
Over 60
Who staffs MABS?
Trained money advisers
What do the trained money advisers of MABS provide to consumers who are in or at risk of debt?
Confidential money advice
Budgeting service
To who do the trained money advisers of MABS provide confidential money advice and a budgeting service to?
Consumers who are in debt or at risk of getting into debt
What do the trained money advisers of MABS facilitate consumers to do?
To develop knowledge and skills they need to avoid getting into debt and to deal effectively with debt situations that arise
What do the trained money advisers of MABS identify sources of?
They identify sources of credit that best meet the needs of clients to pay back debt and facilitate clients to access these sources
What work is done by the trained money advisers of MABS?
3
Provide confidential money advice and budgeting service
Facilitate clients to develop the knowledge and skills they need to avoid getting into debt, and to deal effectively with debt situations that arise
Identify sources of credit that best meet the needs of clients