Fair By Design

@FairByDesign

Ending the #PovertyPremium: the extra costs people on low incomes pay for essential products & services.

United Kingdom

fairbydesign.com/povertypremium/

Joined September 2017

Pinned
Fair By Design
@FairByDesign
Jan 28
Here’s where you can join us: 🔗 LinkedIn - bit.ly/3NzvoXP 🦋 BlueSky - bit.ly/4k7Y3PW 📹YouTube - bit.ly/4r9APei 🖥️ Website - bit.ly/4rgndxM
Fair By Design
@FairByDesign
Jan 19
New research from @responsiblecred finds that millions of people are cutting back on essentials and avoiding support in order to preserve their credit scores. Providers are taking advantage of credit score dashboards to market new credit products to people who are struggling.
Responsible Credit
@responsiblecred
Jan 19
📢 Today, we’ve published new research showing a strong link between #creditscore providers and harmful debts. Almost half of low-income borrowers act on credit offers made via score providers, yet within months, 1 in 5 experiences financial distress ➡️responsible-credit.org.uk/reports/good-s…
Fair By Design
@FairByDesign
Jan 16
Brilliant support for the Fair Banking Act from @gareththomasMP, proud to be part of the campaign 👊
Fair Banking for All
@FBfACampaign
Jan 15
"A Fair Banking Act is a common sense, proportionate measure which could have transformative benefits for businesses and communities across the UK, and I commend this Bill to the House." 👏 @gareththomasMP #FairBankingForAll #FairBankingAct
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Fair By Design
@FairByDesign
Jan 14
“If you get the line wrong, firms will simply withdraw products and then people are pushed towards other sources of credit." Our Head of Policy Maria Booker is quoted in the @BigIssue discussing why interest rate caps alone aren’t enough to tackle the cost of credit.
Big Issue
@BigIssue
Jan 14
Trump wants to cap credit card interest rates at 10%. Will it really work? bigissue.com/news/politics/…
Fair By Design
@FairByDesign
Jan 6
Shifting Warm Home Discount costs from standing charges to unit rates is fairer for everyone as it gives people more control over costs. Combined with energy measures in the 2025 Budget it will mean low-income households aren't worse off. Full response: fairbydesign.com/wp-content/upl…