Households fret about their futures

Posted on: Fri, 08/02/2019 - 17:36

86% of those with mental health issues state that the main cause of this is their financial situation 5 million British consumers have taken out a loan to cover home repairs and improvements in the...

Will you still be paying off winter debts in the summer? You're not alone as survey highlights severity of the festive financial hangover

Posted on: Tue, 05/02/2019 - 17:35

According to Fair Money, 28 per cent are likely to have less than £20 available each month in the first half of 2019 after bills and everyday living are subtracted from their wages, while 16 per cent...

Householders are still finding it hard to save

Posted on: Tue, 22/01/2019 - 17:34

Many householders are struggling to save — with more than one in four failing to stash any cash in the past 12 months. The latest Lloyds Bank quarterly savings review shows that many Brits are still...

Over a third of UK citizens think that their personal finances will worsen post-Brexit

Posted on: Fri, 18/01/2019 - 17:30

Over a third of Britons expect that their personal finances will worsen after Brexit. An increase in prices of food and energy bills combined with the fall of the pound are among some of the top...

Money Matters - Is Fairness The New USP For Fintech Entrepreneurs?

Posted on: Sat, 22/12/2018 - 17:27

Vulnerable Consumers It is often the most vulnerable consumers who end up getting the worst deals. The Britain’s Financial Conduct Authority tabled proposals aimed at preventing banks from imposing...

Monzo boss sticks by using debt to buy shares

Posted on: Sat, 01/12/2018 - 18:14

The founder of Monzo said yesterday that it was not his place to judge how customers should spend their money as he stuck with plans to allow customers to use debt to buy unsellable shares in his...

Is Fair Finance a Myth for the UK’s Entrepreneurs/People in Need Of Credit ?

Posted on: Thu, 29/11/2018 - 17:41

The financial collapse of 2008 saw the UK’s bank-lending system suffer a catastrophic demise, manifesting with the vast majority of consumer lending cut off at source. The era of austerity had well...

FairMoney opens £1m pre-series A to drive next-gen AI lending

Posted on: Tue, 20/11/2018 - 00:00

FairMoney, the fair loan comparison website, is launching the Fair Finance Community Board (FFCB) in the regions. This coincides with the commencement of its pre-series A raise of £1m. The aim of the...

Loan comparison site FairMoney launches £1m fundraising campaign

Posted on: Tue, 20/11/2018 - 00:00

LOAN comparison website FairMoney has launched a pre-series A funding round to raise £1m, as it looks to educate borrowers and stamp out sub-standard consumer loans. FairMoney said the money raised...