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Responsible Credit
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Responsible Credit

@responsiblecred
The Centre for Responsible Credit Ltd. (CfRC) is a charity changing credit for good and improving support for people in debt.
Leicester, England
responsible-credit.org.uk
Joined May 2010
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  • user avatar
    Responsible Credit
    @responsiblecred
    Jun 19
    In our response to the FCA’s consultation on credit advertising, we warn against proposals to weaken representative APR rules and cost disclosure protections. We urge the FCA to maintain robust, specific rules—such as the 51% representative threshold and mandatory maximum APR
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    Credit Advertising and the FCA: Why Weakening APR Rules Risks Harming Households
    From responsible-credit.org.uk
  • user avatar
    Responsible Credit
    @responsiblecred
    Jun 12
    Credit shouldn't be used to paper over failing safety nets. In our latest blog we set out four priorities for reshaping credit and debt systems so they support stability, fairness and wellbeing — not insecurity. Read more and get involved bit.ly/4uwZN8O #responsiblecred
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    Changing Credit for Good: Our principles and priorities for tackling the affordability crisis
    From responsible-credit.org.uk
  • user avatar
    Responsible Credit
    @responsiblecred
    May 3
    We have more data about borrowers than ever before. Yet irresponsible lending has not disappeared. Following his appointment to the Credit Information Governance Body (CIGB) Consumer Council, our CEO reflects on the direction of travel for creditworthiness and affordability
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    Data Driven Credit, Opaque Decisions and the Need for Accountability
    From responsible-credit.org.uk
  • user avatar
    Responsible Credit
    @responsiblecred
    Feb 25
    🚗⚡Electric Vehicle (#EV) adoption remains skewed towards higher‑income households. Could #credit help change that? Our latest blog considers Scotland's Used Electric Vehicle Loan (UEVL) scheme, from @EnergySvgTrust and @transcotland, and explores how well‑designed credit,
    responsible-credit.org.uk
    Driving Equity in UK Electric Vehicle Adoption: Could Credit Help?
    Could credit play a role in helping low-to-middle income drivers transition to electric vehicles? CfRC Researcher, Dr. Ana Rita Pena looks at the challenges involved.
  • user avatar
    Responsible Credit
    @responsiblecred
    Jan 28
    Out today: our Chief Exec's new book: Trust and Power in Consumer Credit Relationships: Rethinking Creditworthiness in the Data Driven Age Consumer credit relationships are built on a broken dynamic: lenders wield immense power, while borrowers are required to offer near-total
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