SC220318 - Under Written Loans - Market Engagement
Buyer: Kent County Council
- Published
- 9 April 2024
- Place of performance
- UKJ
- Lots
- 1
- Notice number
- 011390-2024
- Reference
- ocds-h6vhtk-04508b
- Official source
- Official source
Description
The Kent County Council (KCC) are seeking to engage with potential suppliers with the ability to provide eligible residents of Kent (excluding Medway) an interest free Debt Consolidation loan to help them pay off high interest debt much quicker. The scheme will be designed to support individuals who are experiencing financial hardship. Additionally, any Kent resident who has been issued a loan by the contractor must receive regulated debt advice and further help and support that will help them to remain financially well. KCC are looking to engage with suppliers who can provide the following: • Able to administer Debt consolidation loan amounts (up to £4000), be able to manage the repayment of the loans by the applicant, and have processes in place to manage defaulted loans. • Must be able to show how they will identify eligible applicants and work with the County Council and its partners to ensure referrals to the service can be made by the County Council and its partners. • During the initial term of the contract it is essential that the Contractor sets up an account that allows the issuing of loans using the money that has been provided as part of the contract and uses this accou…
Official publications
- FTS · 011390-2024 · 9 April 2024
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- The contracting authority is Kent County Council (United Kingdom).
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