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
News
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
Building local finance partnerships in London: Learning from a pilot project
02.01.2018 With generous funding from the City of London Corporation’s charitable funder, City Bridge Trust, in 2015 Responsible Finance was able to work with two responsible finance providers in London to pilot local partnership models aimed at… 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
We need a bold vision for the provision of affordable credit
29.11.2017 For many people on low incomes, Christmas is far from a time of cheer. This year, the combination of rising inflation and an increase in interest rates while incomes continue to stagnate will place even… 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