In our response to the FCA’s consultation on credit advertising, we warn against proposals to weaken representative APR rules and cost disclosure protections. We urge the FCA to maintain robust, specific rules—such as the 51% representative threshold and mandatory maximum APR disclosures—because high-level principles alone are failing to prevent consumer harm.

CfRC response to the Treasury Committee's Call for Evidence regarding the Government's Financial Inclusion Strategy

Many low-to-middle income households see maintaining a “good” credit score as vital, often sacrificing essentials to protect it. Credit score apps and dashboards can amplify this pressure. A survey of 3,400 households and 30 interviews shows credit score dashboards can often encourage overborrowing and deter help-seeking. The cost-of-living crisis has exposed a credit reporting system favouring lender interests over borrower welfare and reform is urgently needed.