Fair By Design responded to the Financial Conduct Authority’s (FCA) invitation to comment on its Overdrafts consultation paper and policy statement, which forms part of its High Cost Credit Review. Our response can be read here.
People are living on the edge, and the banks and government need to recognise that and shift their services accordingly.
Read Louise’s Story
I had to take out a pay day loan when I had a car accident, and my excess was £400. I am still paying it off now.
Read Sherisha’s StoryFollow The Conversation
3 days ago
. @IPPR: Black, Asian & other minority ethnic communities more likely to face💷difficulties b/c of #Covid19
• Twice as likely to expect to have difficulty w/ bills/expenses in the next 3 months
• > twice as likely to have lost jobs/stopped paid work
• More likely to be renters https://t.co/vG3bkUvvLR
. @IPPR: Black, Asian & other minority ethnic communities more likely to face💷difficulties b/c of #Covid19
• Twice as likely to expect to have difficulty w/ bills/expenses in the next 3 months
• > twice as likely to have lost jobs/stopped paid work
• More likely to be renters https://t.co/vG3bkUvvLR
