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
Tag: credit unions
Tackling Financial Exclusion Through Local Finance Partnerships
In 2016, responsible loan funds lent £20 million to 37,000 people and helped their customers deposit £3 million into savings accounts. Local finance organisations are innovative, responsive and resourceful but, at the moment, they don’t have… Continue reading
How do we meet the growing need for affordable credit?
13.04.2015 A new discussion paper by the Carnegie UK Trust has set out the need for a range of affordable alternatives to meet the demand for small sum short-term credit – including CDFIs and credit unions.… Continue reading
The Church of England and the Credit Union movement
Malcolm Brown – Director of Mission and Public Affairs for the Church of England, examines the church’s support for credit unions and views on the financial sector.
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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