Fair4All Finance

👉 We're looking for a Chief of Staff to join our growing mission led team. This is a key leadership team position and the successful candidate will be supporting Kate Pender, our CEO, to execute strategy and ensure effective collaboration across teams. This role oversees strategic planning, project management, and organisational performance. If this sounds like a role you'd thrive in, then we'd love to hear from you. Deadline for applications is 5pm on Thursday 13 February 2025. 👉 https://lnkd.in/eP-Fh4t5

🟠 We’ve responded to a joint consultation from the Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) on modernising the redress system. We want to see a redress system that supports better access to fair financial products and services for financially excluded customers 🟠 We have also responded to the Financial Ombudsman Service’s Plans and Budget 2025/26 Consultation We welcome the consultation and the opportunity to offer our views. You can read our response in full on our website 👇

We agree with Sara Cox, #creditunions are incredible! It's great to see even more positive coverage on BBC Morning Live highlighting the real difference credit unions make to their communities, and to people's financial resilience. Whether it be providing advice, helping to save, or helping people in financially vulnerable circumstances access fair and affordable credit - local credit unions are invaluable in tackling financial exclusion and increasing the financial wellbeing of households up and down the country. Here's a clip from the segment with Finance expert Laura Pomfret (Financielle) 💸 👇

Last week we were joined by Thinks Insight & Strategy, Plain Numbers and ClearScore to explore whether APR actually helps consumers understand the costs of short term small sum lending. Over 200 of you joined our webinar to hear about the findings from Plain Numbers and Thinks Insight & Strategy new research on behalf of ClearScore. Clearly there is a huge amount of interest in exploring new ways to help consumers make good and well informed decisions when it comes to this type of lending. We've included a copy of the slide deck used which includes the methodology and key findings from the research 👇 Jake Attfield Kate Pender Tom Markham Max Mawby Mike Ellicock Peter Tutton StepChange Debt Charity

Does APR help consumers understand the costs of short term, small sum loans? Join us for a webinar on Thursday 23 January as ClearScore and Thinks Insight & Strategy unveil new research on the impact of the Plain Numbers Approach in improving consumer understanding of short-term borrowing on price comparison interfaces. We will also be joined by the Financial Conduct Authority and consumer representatives who will share their perspectives and respond to the research. This is your chance to gain valuable insights into how reshaping the communication of short-term lending can transform customer understanding and to explore whether these findings can also start to address the negative perception of high APRs among investors - paving the way for much-needed investment into a product category in which unmet consumer need remains significant. Register for your free ticket below 👇 https://lnkd.in/etGdjniB

A new pilot scheme between Fair4All Finance and My Community Bank will support £50m+ in extra debt consolidation lending to help people in financially vulnerable circumstances most impacted by the cost of living crisis. Our £8.9m funding commitment will help My Community Bank provide an extra £16m+ of affordable debt consolidation lending at any one time, which could result in over £50m more lending over the investment's lifetime. 🗣️ Fair4All Finance CEO, Kate Pender said: 'We’re excited to be working with My Community Bank on this pilot to extend consolidation lending to more people in financially vulnerable circumstances. Where appropriate, debt consolidation lending in particular can be of great help to many people suffering through the cost of living crisis. It can reduce monthly outgoings, save money on interest costs and provide peace of mind through simplified payments. This is one of several investments we’ve made to support this type of lending, including the development of technology that enables a lender to pay off a customers’ debts on their behalf.' 🗣️ David Hendrick, CEO at My Community Bank said: 'We were thrilled to be selected by Fair4All Finance to help them deliver this project. While we already serve the underserved, and have a tangible positive impact on communities up and down the country, we always strive to do more We’re proud to be a mutual, owned by our members, but with a large scale digital offering and deep experience in debt consolidation lending, so working with Fair4All Finance on this project was a natural fit for us.' You can find out more about this funding commitment on our website 👇 https://lnkd.in/e3EWsQAp

Our CEO Kate Pender chats to our friends at Responsible Finance on their latest podcast. Kate talks about our work to improve access to financial products and services for the 20 million people in the UK in financially vulnerable circumstances, and our mission to make the financial services fairer for everyone. Kate also reflects on her journey, challenges as a young organisation, and priorities for 2025, including regulatory clarity, impact vs. risk tolerance, and the potential impact of a National Financial Inclusion Strategy. You can listen below 👇

Does APR help consumers understand the costs of short term, small sum loans? Join us for a webinar on Thursday 23 January as ClearScore and Thinks Insight & Strategy unveil new research on the impact of the Plain Numbers Approach in improving consumer understanding of short-term borrowing on price comparison interfaces. We will also be joined by the Financial Conduct Authority and consumer representatives who will share their perspectives and respond to the research. This is your chance to gain valuable insights into how reshaping the communication of short-term lending can transform customer understanding and to explore whether these findings can also start to address the negative perception of high APRs among investors - paving the way for much-needed investment into a product category in which unmet consumer need remains significant. Register for your free ticket below 👇 https://lnkd.in/etGdjniB

The Government has published the summary of the first meeting of the Financial Inclusion Committee which met on 5 December 2024. To help drive this important work forward, Fair4All Finance CEO Kate Pender has been appointed to chair one of three new Sub-Committees and will be focusing on access to credit. We look forward to continuing to work alongside the Government, partners, and cross-sector stakeholders to create a fairer financial services system and change the lives of millions of people. You can read more about the meeting here: https://lnkd.in/e5GFQfNN

We're #hiring a new General Counsel - Part Time in London Area, United Kingdom. Apply today or share this post with your network.