Category: News

The need for finance sector reform

Jennifer Tankard, Director of Community Development Foundation, explains why the Community Investment Coalition is working together for fair and affordable financial services for all.
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The credit union payday loan

A new report has found that a credit union payday loan product could break even in the long-term and has proved very popular. London Mutual Credit Union has piloted the use of a payday loan product, funded through the Barclays Community Finance Fund and Friends Provident Foundation. Continue reading

Investing in community finance would help church put Wonga out of business

CDFIs have a business model that is specifically designed to deliver financial and social returns. They are well placed to offer the ‘win-win’ the Church is looking for in terms of financial returns with a clear conscience. Continue reading

CDFA welcomes church plans to put Wonga out of business

The Church of England plans to force payday lender out of business – by competing against it. CDFIs and credit unions provide the solution. Continue reading

Bank lending disclosure is good news for poor communities

Local lenders are celebrating a breakthrough in their campaign for fair access to finance across the UK, following the government’s announcement that banks will publish lending data from January. Continue reading

Money, mentoring and mission

A fitness fanatic achieves his business dream thanks to a Start-Up Loan Continue reading

Spending Review: Government should invest more in CDFIs

Government can make scarce resources go further through investing in CDFIs Continue reading

CDFA welcomes Commission on Banking Standards report

New independent report highlights the the importance of CDFIs Continue reading