Financial wellbeing

On Wednesday 26th July, NestEgg co-founder, Adrian Davies, is speaking at the World Credit Union Conference in Vancouver. The topic is how Open Banking promotes financial inclusion. The UK is ahead of almost all other countries with open banking. NestEgg decision engine clients have been using these data to support lending decisions for more than…

NestEgg’s new platform is opening up access to affordable credit, helping responsible lenders grow their loan books. Affordable credit providers could grow so much more quickly. Credit unions and CDFIs just need to make themselves easier to find and apply to. Growth potential For the risk profile of borrowers being accepted by community lenders, the…

It’s International Credit Union Day. This year’s theme is building financial health for a brighter tomorrow. NestEgg’s reason for being is to help credit unions improve the financial wellbeing of their members. NestEgg does this in six ways. Fairer credit decisioning Financial exclusion manifests itself in particular ways on a credit record. Responsible lenders, set…

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 members suffering because of Coronavirus. What is Coronavirus…