Alternatives to Credit Use

Prior to the lockdown, CfRC’s Executive Director, Damon Gibbons, participated in an event run by IFF Research about creative problem solving. His speech identified expenditure demands relative to income at specific points in time as the cause of most financial difficulty. Solutions need to help expenditure flex over time rather than focus on increasing temporary income levels through access to credit.

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.

How you write your advertising copy will be based on where you will place your ad. If it’s a billboard ad, you’ll need a super catchy headline.

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.