/Damon Gibbons

About Damon Gibbons

Damon is the Director of the Centre for Responsible Credit.

Creating Trust and Reducing Risk in the Consumer Credit Market

Tomorrow we will be welcoming around eighty delegates to our conference – Creating Trust in Financial Services. Those delegates will be drawn from a broad range of stakeholders, including Government, the FCA, financial services providers, FinTechs, debt advice agencies and organisations involved in the commissioning or delivery of financial support. Together, we will reflect [...]

By |2019-03-20T11:04:13+00:00March 20th, 2019|Blog|0 Comments

CfRC responds to FCA proposals to cap rent-to-own firms

The Centre for Responsible Credit ('CfRC') has welcomed today’s announcement from the Financial Conduct Authority ('FCA') that it intends to cap the cost of credit in the rent-to-own sector. However, we warn that the FCA’s proposals as they currently stand - although a small step in the right direction - will fail to deliver [...]

By |2018-11-22T10:43:02+00:00November 22nd, 2018|Blog|2 Comments

Wonga collapse: CfRC calls for Treasury Committee to launch an inquiry

The payday lender Wonga has collapsed under the weight of claims for rebates and/or compensation from its borrowers arising from the firm’s failure to ensure that people could afford to make repayments prior to making loans. The failure to conduct adequate affordability checks breached the Office of Fair Trading’s (‘OFT’) ‘Irresponsible Lending Guidance’ which [...]

By |2018-09-04T12:00:20+00:00September 4th, 2018|Blog|0 Comments

Join Michael Sheen at our Redesigning Financial Services and Support Conference

Redesigning financial services and support 25 April 2018 | Resource for London Following the launch of Michael Sheen’s End High Cost Credit Alliance, we invite you to join CfRC and Toynbee Hall’s Financial Health Exchange to critically assess the latest developments in credit markets and discuss possible new models of support for low to middle [...]

By |2018-04-04T11:13:29+00:00April 4th, 2018|Blog, Events|0 Comments

Happy 70th Birthday Udo Reifner! A new interactive blog reviewing his ideas is launched

On the occasion of Professor Udo Reifner's 70th birthday, an interactive blog of reviews of Udo's work has been published by the Institut Fur Finanzdienstleistungen ('Institute for Financial Services' - IFF) in Hamburg. As the founder and, for many years the Director of the IFF, and as the driving force behind the creation of the [...]

By |2018-03-28T11:26:43+00:00March 28th, 2018|Blog|1 Comment

Debt advisers get behind the call for a household debt jubilee

Debt advisers organised in the Manchester Money Advice Group have drawn up a statement in support of our call for a household debt Jubilee.  In a letter to The Guardian, twelve debt advisers have expressed their backing and we are now seeking more signatures to the statement (in full below). We will also be holding [...]

By |2018-03-19T10:43:40+00:00March 19th, 2018|Blog, Getting Britain Out of Debt|0 Comments

Redesigning Financial Services and Support Conference. Last chance for early bird prices

      View in browser | Subscription Preferences Redesigning financial services and support 25 April 2018 | Resource for London Extended early bird discount until Friday 16 March CfRC and Toynbee Hall’s Financial Health Exchange are delighted to host this conference which will explore the new approaches to regulation and the delivery of financial [...]

By |2018-03-12T12:55:45+00:00March 12th, 2018|Blog, Events|0 Comments