Great to see this piece on our No Interest Loan Scheme... It's taken so much work and advocacy to get it going (thanks especially to (@SianWilliams41) and there is so much potential to make it bigger again to address the cost of living crisis.
https://t.co/OLhDpDF9m5
Our Executive Director and Director of Growth and Development Programmes @KateMPender will be joining the 'A Helping Hand: Responsible Lending in a Time of Crisis' panel at the @InnFin Global Summit 2023 tomorrow. #IFGS2023
The first-ever SoundPound loan was paid out yesterday!
This is an exciting step towards #creditunions being the financial solution people need across #GreaterManchester
.@Chris_fitch quotes the FCA: “we haven’t yet seen enough clear evidence of firms systematically [considering vulnerability] when developing products or services”. So what should be done? Read on… https://t.co/sNEwcMDw6H
We’re delighted that @jpmorgan are committing £1.2m in support of our #NILS pilot. It will mean more people in vulnerable circumstances get affordable loans to help them get back on their feet https://t.co/TSZdyyOi36 #InclusiveEconomy#FinancialInclusion#NILS#LevellingUp
The number of people in vulnerable circumstances is rising⬆️While the number of regulated lenders is falling⬇️Credit options are becoming scarcer. We’re seeking a research partner to establish the scale and trajectory of Illegal Moneylending in the UK https://t.co/HeTQQ2oXme
Day 21 #FreeNazanin
Today I have promised Nazanin to end the hunger strike
Gabriella needs two parents
Thank you all for your overwhelming care these past three weeks
We’ve all experienced some grief during the pandemic. Those in frontline roles are facing more aggression and anger from customers as a result. Join our workshop for #CommunityFinance providers this week with @DignityLegacy to explore support strategies https://t.co/uVqUHWqf1b
Thank you @JohnGlenUK@Fair4AllFinance and others helping people who can't afford existing credit to rebuild their lives after an emergency. The No Interest Loan Scheme pilot looks like a very positive step towards financial inclusion: https://t.co/mqylLg7ujp
Great to start our NILS pilot market engagement with two recent webinars and some brilliant questions. Big thanks to our lovely partners @ToynbeeHall and @FairByDesign. Find out more and give your feedback on the pilot design https://t.co/U6kPaaaKtg #AffordableCredit
“There’s now more food banks than branches of McDonald’s in this country.”
Retail chief @icelandrichard says cutting universal credit will be “a choice between heating and eating” for many people. #bbcqt
“When the welfare state was first created it was actually designed to be at 20% of median income; it's now at about 12% which is very, very low,"
“You can be doing all the right things and you can still be really struggling in the UK.”
Baroness Stroud
https://t.co/eqG0Av02bp
We're excited to announce plans for a new No Interest Loan Scheme pilot with funding from @HMTreasury and working with @ToynbeeHall and @FairByDesign. It will provide a vital financial cushion for people unable to access or afford existing forms of credit https://t.co/TZuB3xhd6X