An introduction by Sian Williams, Director of exterior Policy and Innovation
We think good practice and policy rely on hearing, learning from, and acting with individuals with lived connection with any provided issue. We launch a research report, co-produced with Coventry University, which captures the experience of 80 people who no longer have access to payday loans as a result of the 2015 cap on payday loans today.
The research team’s thinking about what needs to change and how in our first blog post today, Carl Packman, formerly Research and Good Practice Manager at Toynbee Hall and co-author of the report, discusses how the experience of hearing directly from people affected helped shape.
Payday Denied – The reality of being declined usage of a loan that is payday
By Carl Packman, formerly Analysis and Good Practice Manager
As with the current news about caps from the rent-to-own sector (e.g. Brighthouse), lots of everything we read about economic exclusion reaches us just through two dimensional stats. It is only when you notice and hear exactly just what it seems like does it be genuine.
Today views the book of the latest research taking a look at the truth of being declined usage of a loan that is payday. This research, which I performed once I struggled to obtain Toynbee Hall along side my colleague Dr Lindsey Appleyard at Coventry company class, sustained by the Barrow Cadbury Trust and Carnegie British Trust, used the current data just as a spot of departure.
Read morePayday Denied – The reality of being declined usage of a loan that is payday