News & Views

News

Join our Board to change credit for good and improve support for people in debt

We're recruiting new Trustees to help develop our strategic vision and priorities for the next three years. Read more about the role, and how you can express an interest here.
News

Regulating for growth, or (de)regulatory sludge?

Calls for deregulation are ignoring the lessons of the past. In this blog we draw on our recent response to the FCA and FOS joint call for input concerning 'mass redress' events to highlight how a lack of clear rules and (de)regulatory 'sludge' combine to cause widespread consumer harm. We need better regulation not deregulation to support 'growth without consumer exploitation'.
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Buy Now Pay Later needs to pay for debt advice

The regulation of Buy Now Pay Later is a long time coming. In the meantime, lenders in this sector haven’t been making any contribution to the funding of debt advice. It's time for #BuyNowToPayNow
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Illegal lending: new evidence from the Debt Need Survey

Our recent analysis of the Debt Need Survey provides important new evidence about the drivers of illegal lending. Contrary to recent reports of a 'credit vacuum' arising from regulatory interventions, we find most users of illegal lenders are 'maxed out' on legal credit. The underlying problem is poverty, which credit markets cannot be expected to address.