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The Experian and Big Issue Invest Partnership
The innovative concept of sharing rental data to enable social housing tenants’ better access to credit and mainstream services was developed by Big Issue Invest (BII) several years ago.
BII sought a partner to create and responsibly manage the Rental Exchange for the good of society – and selected Experian in 2012. As well as being the leading global information services’ company, providing data and analytical tools to clients around the world, Experian has a long history of corporate social responsibility.
The Rental Exchange compliments BIIs wider work with affordable lending organisations, such as credit unions and community development finance institutions. BII provides finance for these organisations to scale-up their activities, most recently investing in Moneyline an organisation providing affordable loans in the North West and Wales. The majority of their clients are social housing tenants.