Inclusive credit scoring 28.02.2018 A known barrier to financial inclusion is the credit scoring approaches utilised by both mainstream and affordable lenders. Because of them, UK households could be paying £1,770 extra per year for basic… Continue reading
Archives for February 2018
Month: February 2018
Responsible Finance calls for credit reference agencies to do more to support financial inclusion
28.02.2018 Current credit scoring approaches could be costing households £1,770 extra per year Credit reference agencies are using traditional credit scoring methods that are out of sync with modern financial life and that fail to accurately… Continue reading
CIC blog: Opportunity Zones in the US – a tool for community development?
Trump’s Tax Cuts and Jobs Act. 22.02.2018 The sweeping overhaul of the US tax system passed in 2017 has attracted widespread debate across America. Many believe that multinational corporations and the extremely wealthy are set to… Continue reading
Actor and activist Michael Sheen to speak at Responsible Finance event
14.02.2018 Conference will address exploitation by high cost credit providers and “how to build a financial services sector that works for everyone” The stage and screen actor and founder of the End High Cost Credit Alliance,… Continue reading
Responsible finance is the only real alternative to predatory lending
05.02.2018 This week the FCA published an update on its work in the high cost credit market. A fuller picture of the FCA’s position and potential interventions in the rent to own, home credit, catalogue… Continue reading