The financial inclusion agenda
At Experian, we are committed to changing lives through financial inclusion. By improving access to financial products and services for people that have traditionally been excluded, we can increase equality and improve their financial resilience. This paper dives into the opportunities for consumers and the wider UK economy through simplified debt consolidation.
In this white paper we cover...
How debt consolidation is helping real UK consumers
The latest technologies to support financial inclusion
How debt consolidation can boost consumer spend by up to £15.1bn
A sneak peek into:
Innovating for financial inclusion: empowering individuals and improving lender confidence
Maximising the societal impact of debt optimisation
We are committed to improving access and financial inclusion, supporting both lenders and consumers.
Almost half of the UK population – 34 million people – has debt that could be more affordable and easier to manage. Millions of households, already struggling with high costs, are spending their finite disposable income on servicing unsecured debts. For many, that problem could be avoidable.
As the government looks to businesses like Experian to find solutions to improve financial inclusion, we have identified under optimised debt as a huge issue. And it’s one that we are working to fix.
We believe debt optimisation, or refinancing, has an important role to play within the financial inclusion agenda. Commonplace in markets including the US, refinancing is a win-win approach we want to expand across the UK to help consumers and lenders and boost the economy.
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Download "Innovating for financial inclusion: empowering individuals and improving lender confidence" now
Read the full white paper to discover how to maximise the societal impact of debt consolidation.
