About Adrian Davies

Adrian is a co-founder at NestEgg. He is an alternative finance expert with extensive experience of start-ups, business development, IT, Target Operating Models and regulatory compliance. Adrian has 18 years’ experience in the public, private and community and voluntary sectors, supporting businesses with innovative ideas so they can grow and meet service user needs.

How credit unions are helping with the Coronavirus

We've taken a look at five credit unions using the NestEgg Decision Engine and Workflow to understand how credit unions are helping with the Coronavirus. The surge in Coronavirus-related loan applications is huge. We estimate that at least £4 in every £10 borrowed, since lockdown, is supporting Read More about How credit unions are helping with the Coronavirus

Covid-19 means falling credit scores. A holistic view is needed

Covid-19 will increase bad debt. Covid-19 means falling credit scores. Spending 1/5 of monthly income on credit is already tight. But losing 20% of a salary (assuming employers pass this cut on), means debts will be harder to repay. And the self-employed are faring worse. Currently they can Read More about Covid-19 means falling credit scores. A holistic view is needed