Posts by Adrian Davies
A Blueprint to double credit union lending: from ambition to reality
The credit union sector stands at a pivotal moment. With growing recognition of the affordable credit gap, a government committed to the doubling of the mutual sector and a new financial inclusion strategy to be released, the opportunity to significantly expand credit union lending has never been clearer. But how do we move from aspiration…
Read MoreSupport tenants with affordable credit
Housing Associations are more than landlords. For a long time, Housing Associations have recognised the importance of financial inclusion. Most have introduced strategies or dedicated staff to help tenants access affordable credit, manage money, and reduce the risk of arrears. While the level of support varies across the sector, these initiatives can make a real…
Read MoreHow Northern Ireland Credit Unions could unlock £165m in additional lending
Northern Ireland faces significant financial inclusion. 350,000 people live in poverty. The lowest earners survive on just £51.45 each week after essentials. That’s a 20% decline since 2021. Meanwhile, one quarter of people seeking debt advice carry High-Cost Short-Term loan burdens averaging £1,700. The Consumer Council found 38% of people reported that their finances negatively…
Read MoreScotland’s £70 Million Credit Union Opportunity
Scotland faces a financial inclusion crisis. 43% of Scots cannot cover bills for 3 months without their main income. Approximately 730,000 people in Scotland faced credit rejection, representing nearly 1 in 5 Scottish adults. Scottish Illegal Money Lending Unit research found that up to 300,000 people in Scotland are at risk of turning to illegal…
Read MoreCredit union lending: unlock growth with Property Insights
Credit unions are missing millions in lending opportunities every day. When loan applications get declined due to incomplete financial pictures, members walk away disappointed and loan books stay smaller than they could be. NestEgg’s Property Insights changes this by giving credit unions access to comprehensive property data that turns previously declined applications into approved loans,…
Read MoreHow Open Banking can power Canadian credit unions
Canada’s Consumer-Driven Banking Framework launches in 2026, offering credit unions an opportunity to revolutionise lending through Open Banking. Canadian credit union members face longer approval times than major bank customers. Higher decline rates for younger borrowers and newcomers cost the sector vital membership. Open Banking transformation arrives at a critical moment. Despite more flexible lending…
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