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News - Personal Loans

Fair Finance, with the support of the JPMorgan Chase Foundation, begins a major project looking to strengthen the financial resilience of low income communities in London

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Nearly 13m people across the country would be pushed into financial difficulty with an unexpected bill. Rising living costs and increasing job insecurity for low income families makes this an increasingly challenging issue nationally but also for the 2m, mostly working, people living in poverty in London Fair Finance is a London based social business […]

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Fair Personal Loans profiled in The Sun

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We’re happy to announce that Fair Personal loans has been profiled as an alternative to high cost credit as part of The Sun’s “Stop the Credit Rip Off” campaign. The Sun’s campaign “has been successful in calling for a cap on the total cost of high-cost credit charged by big, well-known providers that can be […]

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Fair Finance wins the Citi Micro-entrepreneurship Award

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Fair Finance wins the Citi Micro-entrepreneurship Award for Outstanding Customer Service at the annual Responsible Finance Conference 2017 Social business Fair Finance announced today that it had been named winner of Citi Micro-entrepreneurship Award for Outstanding Customer Service for 2017. Fair Finance works to tackle financial exclusion in the UK, for businesses and individuals and […]

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Fair Finance and 390,000 businesses across Europe celebrate the first European Microfinance Day!

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While microfinance is well known in Africa, Asia and Latin America, over the last 15 years it has grown across Europe, helping to fill the gap for people who remain unbanked and/or excluded from mainstream finance. In 2014 alone over 390,000 businesses were supported and over EUR1.5bn of funding advanced to create nearly 250,000 jobs […]

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Innovative new lending services needed to compete with pay day lenders

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Fair Finance Managing Director, Faisel Rahman, writes about the impact of price cap on payday lending and that we need much more innovative ideas to build viable alternatives. Read his piece here in the Guardian for more information.

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Will the Payday loan cap really benefit consumers?

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Fair Finance’s CEO Faisel Rahman has written an article in The Guardian. Faisel Rahman questions how far the FCA’s cap on credit will go in helping consumers and stopping the practice of predatory lending. Click here to read the full article by Faisel Rahman Managing Director.

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Our response to the recent price caps proposal to FCA

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Fair Finance responds to FCA consultation on High Cost Credit This response is to the Proposals for a price cap on high-cost short-term credit (CP14/10) on behalf of Fair Finance. Fair Finance is a social business based in London. We offer a range of financial products and services designed to meet the needs of people […]

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Fair Finance – An alternative to payday loans

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Fair Finance has been mentioned in The Guardian as an alternative to payday loans. Since Fair Finance was set up in 2005, we have provided over £7.8m of loans. We provide loans to people who have previously borrowed money from payday lenders, and to those who struggle to borrow money from mainstream banks. We aim […]

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“There is no quick fix for the UK’s personal debt crisis”- Faisel Rahman, CEO of Fair Finance

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Fair Finance’s founder and managing director, Faisel Rahman, shares his thoughts with us, in his latest piece in the Guardian: Click here here to view the article

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Fair Finance in the Financial Times

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Fair Finance gives payday lenders a run for their money! – Fair Finance featured in the FT Click here to read the full article

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