Tag Archives: creditworthiness

Renters need fairer access to affordable credit

The poverty premium is taking a crippling toll on people who can least afford it. It’s estimated that every year those living in poverty pay an extra £490 for the basics of energy, phones, white goods, food and furniture. But how can it be fair that the poor pay more?

The problem is that the rental payments of Britain’s 11 million renters aren’t recorded or recognised in the same way that mortgage payments are. This means some of the least well-off pay the most to borrow. All the while, over two-thirds …

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Recent Comments

  • Nick Baird
    The Government report that said the self-driving market would be worth up to £42 billion and create up to 38,000 jobs is from a 2022 report by Grant Schapps an...
  • Paul Turnbull
    There seems to a fundamental misunderstanding from the author and a few of the comments on the nature of the UK state pension. The UK state pension is designed ...
  • expats
    Chris, you also neglected to mention that the link to 'earnings' has already been 'deemed unaffordable'.. Almost exactly 5 years ago (Sept 2021)The Tory govern...
  • Jana
    Perhaps insist that an approved ‘black cab style self-driving car’ be mandated for those who wish to enjoy the advantages of modern technological developmen...
  • Ruth Bright
    Victor, Richard, Gary - so proud of you all. Nice to look back on my time as Deputy Leader in Southwark a quarter of a century ago and know that time was not wa...