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
News
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
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
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