The cost of living crisis is the term being used in relation to the sharp increase in cost for things we all need. Whether that’s heating our homes, putting fuel in our cars, right through to the food we buy, the UK has seen a sharp increase in the cost of these items throughout 2022.


Unfortunately wages and benefits are not going up as quickly, so it might get more difficult for people to pay for the things they need, therefore in real terms our money needs to work harder than ever before.


At PremFina, we understand these times can be difficult for some of our customers, which is why we have included some useful tools and guidance on different topics below.


Help in relation to my financial agreement with PremFina 




Money Help


Coping with higher costs can often be worrying, however its important you understand your own financial situation before contacting a bank, a building society or lender. Completing a budget overview is a great way to start, which is why you can access a budget planning tool here


If you claim benefits or certain tax credits, you may be eligible for an extra payment from the government to help with the cost of living. If you’re eligible, payments will be made automatically. For further information click here



If you are struggling to make ends meet, you aren’t alone. Millions of households according to National Debtline are finding it hard to pay for things which is why they have launched a Cost of living hub. Simply click on the image below to visit National Debtline.




Cost of living support


Find our what support is available to help with the cost of living. This includes income and disability benefits, bills and allowances, childcare, housing and travel. Simply visit gov.uk by clicking here.