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Secondary Debt Market

News

CfRC and Debt Justice respond to proposals for a Statutory Debt Repayment Plan

CfRC and Debt Justice have today submitted a joint response to HM Treasury's proposals for the Statutory Debt Repayment Plan ('SDRP').
News

What role does credit have in the cost-of-living crisis?

As the cost-of-living crisis deepens, Executive Director, Damon Gibbons, questions whether credit expansion to households is part of the solution, or whether it would be better to extend help to service providers in return for commitments to keep prices down.
News

Lords to debate 'fair debt write-down' amendment to Financial Services Bill

The House of Lords will this week debate an amendment to the Financial Services Bill to ensure a “fair debt-write down” is incorporated within Government’s plans for a Statutory Debt Repayment Plan.
News

Social impact of Fair for You estimated at £50m

CfRC reports on the social impact of Fair for You. By providing fair, decent, and flexible loans to help low income families obtain essential household items including beds, cookers, fridges, and washing machines, Fair for You has not only eased their financial burdens but also had hugely positive impacts for their health and well-being, including that of their children.