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
Category: News
New Carnegie UK Loan fund to support affordable lending to financially excluded households
24.01.2018 The Carnegie UK Trust has just launched a new £1 million fund to help tackle the poverty premium for low income borrowers in Scotland. Loans from high cost credit companies, including pay day loan firms… Continue reading
Breathing Space call for evidence
Responsible Finance response. Problem debt places a heavy burden on individuals and families. It can lead to people falling into a persistent cycle of debt dependence with an ever-growing burden of debt, triggering stress and… Continue reading
CIC Blog: tackling financial exclusion in Scotland
Using data to understand and tackle financial exclusion in Scotland – summary of a round table discussion in the Scottish Parliament, hosted by Social Investment Scotland (SIS) and the Community Investment Coalition (CIC) On a… Continue reading
Key Scottish influencers meet to discuss targeted approaches to financial exclusion
12.12.2017 The Community Investment Coalition (CIC) and Social Investment Scotland (SIS) are bringing together a high-level group of influencers on 12th December in the Scottish Parliament to discuss ‘tackling financial exclusion by understanding patterns of access… Continue reading
34% increase in customers of Responsible Finance providers
07.12.2017 61,163 customers borrowed £235 million from the UK’s responsible finance providers in 2016-17, according to research published today. The figures, published in our new report “Responsible Finance: The industry in 2017” also reveal that: £67… Continue reading
Shortlist of Britain’s top microentrepreneurs and responsible finance providers revealed
30.11.2017 A music equipment manufacturer and retailer; the UK’s first purpose built breastfeeding café; a traditional artisan fish smoke house; a social enterprise diverting food destined to landfill to a pay-as-you-feel café; a provider of consultancy… Continue reading
What makes an outstanding loan officer?
03.11.2017 Recent banking scandals may have caused small business owners to be wary of seeking finance. The HBOS Reading fraud caused many small businesses – including that of Noel Edmonds – to close. RBS faced huge… Continue reading
Is a local finance partnership for you?
A practical toolkit for local finance partnerships 26.10.2017 Partnerships between local finance organisations have many benefits, evidenced by existing collaborations between some responsible finance organisations. The ‘Creating Local Finance Partnerships Toolkit’ was created as a… Continue reading
3rd European Microfinance Day
20.10.2017 Today is the 3rd European Microfinance Day, an initiative co-organised by the European Microfinance Network (EMN) and the Microfinance Centre (MFC). This year the sector is drawing attention to the need to ensure fair access to… Continue reading