News
Innovative new lending services needed to compete with pay day lenders
Fair Finance Managing Director, Faisel Rahman, writes about the impact of price cap on payday lending and that we need much more innovative ideas to build viable alternatives. Read his piece here in the Guardian for more information.
Fair Finance nominated for the CDFI Growth Award
Fair Finance has been announced as one of the finalists in the UK Citi Micro entrepreneurship awards in the category of CDFI Growth Award. This award recognises Fair Finance’s work towards financial inclusion and providing an ethical loan alternative. Fair Finance is honoured to be nominated for UK Citi awards,
Will the Payday loan cap really benefit consumers?
Fair Finance’s CEO Faisel Rahman has written an article in The Guardian. Faisel Rahman questions how far the FCA’s cap on credit will go in helping consumers and stopping the practice of predatory lending. Click here to read the full article by Faisel Rahman Managing Director.
Our response to the recent price caps proposal to FCA
Fair Finance responds to FCA consultation on High Cost Credit This response is to the Proposals for a price cap on high-cost short-term credit (CP14/10) on behalf of Fair Finance. Fair Finance is a social business based in London. We offer a range of financial products and services designed to
Alternative financing: How CDFIs are helping struggling small businesses
If you’ve been turned down for a loan by a mainstream lender, Community Development Finance Institutions provide an affordable alternative for businesses that slip through the funding gaps. Here at Fair Finance, we help businesses obtain funding through affordable financial loans. Rob Benfield, head of business lending at Fair Finance,
Fair Finance is recruiting
Fair Finance is currently recruiting for an IT Project Manager. It’s a new and exciting opportunity for someone who would like to lead the IT strategy for the business and make a difference in a social business. Click here to read more about this new role and apply.
Fair Money Blog
Fair Money Advice (FMA) has launched a new blog which explores a range of issues including fraud, bankruptcy, the affect of debt on mental help and financial abuse. The blog is also regularly updated with client case studies that accentuate the helpful and supportive nature of FMA advisors and the
Fair Finance – An alternative to payday loans
Fair Finance has been mentioned in The Guardian as an alternative to payday loans. Since Fair Finance was set up in 2005, we have provided over £7.8m of loans. We provide loans to people who have previously borrowed money from payday lenders, and to those who struggle to borrow money
Fair Finance’s Managing Director, Faisel Rahman, receives Queen’s Birthday Honour
Faisel Rahman, managing director or Fair Finance, is invited to Buckingham Palace to receive an OBE. Click here to read the full story.
Managing Director, Faisel Rahman is awarded an OBE for services to Community Finance
It gives us great pride and honour to share the exciting news that Faisel Rahman, Managing Director of Fair Finance, has been awarded an OBE for services to Community Finance. Specifically, bringing finance to underserved and financially excluded communities in the UK . A few words from Faisel: ” While its