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Fair Finance

Fair Finance

Fair Finance

We aim to revolutionize personal and business finance, starting with the people whom the mainstream providers have left behind. We believe that: - Customers deserve a fair deal - Products and services should be simple and accessible - Financial advice should be honest and trustworthy - Credit should be affordable for all - Profits should be reinvested for the benefit of customers We believe in Fair Finance.

Employer tags:
Industry:
Banking
Social Enterprise
Financial Services
Esc Factor:
Entrepreneurial
Exotic
Exciting Brand
Social Impact
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Fair Finance

http://www.fairfinance.org.uk

London, United Kingdom

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About us

Fair Finance is a not for profit social business attempting to tackle unfair lending in London, and potentially the UK. It competes directly with usurious and predatory lenders through personal and business loans, offers people advice and support to manage their finances sustainably and campaigns for change. It is recognised as one of the most high impact community finance organisations in the UK and has a presence both nationally and internationally. In 2014 it was awarded a Big Society Award by the Prime Minister and won the Alternative Lender of Year Award from Credit Today.

Over the last 10 years Fair Finance has grown by nearly 70% a year and helped over 15,000 residents in London with debt advice, personal loans or business microfinance. It has saved the financially excluded an estimated £1m in interest payments, created hundred of new businesses and helped clients deal with nearly £10m of over‐indebtedness.

Fair Finance works hard to raise the profile of the issue of financial exclusion both locally and nationally through its own research and via the media. It has been profiled in the Guardian, the Times and the Financial Times, and is regularly approached by broadcast TV to comment on financial exclusion and microfinance.

We are currently on an ambitious growth strategy to cover London.

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