Millions of us can’t get fair credit when we need it. We may have no credit history or a low credit score. When there’s an emergency or large expense, where can we go? Friends and family… Continue reading
News
Fuelling potential: How microlenders transform lives and local economies
Many people who want to work, become self-employed or start a business struggle to get finance and support, especially if they: have been unemployed or ill are migrants or refugees with the right to work have… Continue reading
Consumer CDFI Salad scoops LendTech of the Year in UK FinTech Awards
Responsible Finance member Salad has been named LendTech of the Year in the UK FinTech Awards, scooping the accolade in a category featuring strong finalists including NatWest, Pockit and ThinCats. Salad is a social enterprise which… Continue reading
The Consumer Duty one year on
The Financial Conduct Authority’s (FCA) Consumer Duty was a fundamental shift in regulation when it came into force in 2023. The Duty requires firms to put their customers’ needs first and drive meaningful change. It is… Continue reading
Michael Sheen’s fight for fair credit
Michael Sheen has got skin in the game. The actor and activist has long been interested in fair credit – he launched the End High-Cost Credit Alliance at Responsible Finance’s 2019 conference. In his new documentary… Continue reading
Informing the Development of the National Financial Inclusion Strategy
Responsible Finance board member Tim Rooney is part of a new sub-committee examining how to improve access to affordable credit as part of the Government’s commitment to develop a Financial Inclusion Strategy. Rooney, CEO of our… Continue reading
Small Business Finance Champions
Hundreds of thousands of great businesses want to grow every year. But lots of strong businesses don’t meet banks’ and other lenders’ criteria. Community development finance institutions (CDFIs) have backed UK businesses for more than 20… Continue reading
Patricia Hamzahee OBE Joins Responsible Finance Board
13 January 2025: Patricia Hamzahee OBE, an advisor, investor, philanthropist and specialist in access to funding for diverse businesses and social enterprises, has joined the board of Responsible Finance as the organisation prepares to boost flows… Continue reading
Interview: Kate Pender, Fair4All on big solutions to big challenges in financial inclusion
Kate Pender is CEO of Fair4All Finance, an organisation launched to improve the financial services sector so it better serves people who are underserved and excluded. She was appointed chief executive in 2024 having worked with… Continue reading
Dragons, Labradors and a New Era for Community Finance
Every day, staff in CDFIs across the UK meet to tackle the question: “How can we enable people, businesses, and social enterprises who are beyond the reach of mainstream banks to thrive?”. Two weeks ago, we… Continue reading