03 Nov
70% of consumers qualify for additional benefits of up to £402 per month
Since our previous announcement every customer on IE HUB has had a welfare, benefit and social tariff check.
Individuals, couples and families were all included with 70% of users identified as qualifying for an additional average uplift of up to £402 per month. In social tariffs, 24% were identified as qualifying for support from their water company, 12% qualifying for watersure and 7.2% qualifying for both.
The benefits checking software identifies to consumers all the benefits they are eligible for, quickly and easily. IE Hub as a fintech for good, is 100% free to the consumer. A recent customer said: “’It is very easy to use, the experience and final outcome helped me so much, I’m glad I’ve used it because it’s been so beneficial in helping me find more income.”
IE HUB empowers consumers to increase awareness of their affordability by providing a simple set of straight-forward questions without it being over-complex or intrusive for the user.
The consumers I&E is then securely sent to any of their chosen creditors including; banks; energy companies; utilities companies; collection agencies; enabling realistic and sustainable payment plans stress-free.
Dylan Jones, IE Hub CEO, said, “Our Income maximisation tool is proving to be so powerful for the consumer in such difficult times. I was so surprised at the high percentage of consumers that had no idea they could qualify for vital extra income. This also has a massive impact for those Creditors who are having very difficult conversations with their consumers that need help with paying bills, a situation the industry knows will only escalate over the coming months”
About IE Hub
IE Hub is an online application that makes completing an Income and Expenditure profile easier and more convenient, allowing customers to share Income and Expenditure information with multiple companies, putting them in control of their financial situation.
IE Hub’s added intelligence means customers answer the questions that are relevant to their personal circumstances. Manual and Open Banking completion methods mean fewer mistakes and a true Income and Expenditure profile. Customers can compete and share their income and expenditure information with you by visiting customer.iehub.co.uk