Fair for You CIC

Founded in 2015, Fair for You is an ethical lender, with a mission of helping financially-excluded families to buy essential household items, avoid hardship, and build their financial resilience. A registered community interest company (CIC) and owned by the Fair Credit Charity, Fair for You is backed by leading social investors. With more than 20m Britons struggling to access mainstream credit, and more than 10m having less than £100 in savings, there are families for whom an unexpected bill, or a fridge or washing machine breaking, spells disaster. Rather than go without fresh food or clean clothes, or having to go to the sort of predatory, for-profit, high-cost lenders which don’t have their welfare in mind, Fair for You is here to support them. Fair for You has a 4.8 out of 5 rating on Trustpilot, as well as a string of industry award wins. Since 2015, it has lent to more than 100,000 customers, and regular independent impact reports demonstrate far-reaching social benefits including better physical and mental health; improved education and wellbeing of children; and making it easier for adults to seek work or remain in employment. Fair for You runs affordability checks on all customers and uses open banking technology to enable it to lend better and collect better from those who may get rejected for loans elsewhere, due to poor credit ratings or thin credit files. Our growing range of retail partners - including Iceland, Argos, Dunelm, Whirlpool and ChemistDirect - are helping customers who may not have had access to their products without credit from Fair for You. The best-selling items through Fair for You include freezers, washing machines and children’s beds, with the average loan standing at £350. Fair for You is backed by Social Investment Scotland, Barrow Cadbury Trust, Esmée Fairbairn Foundation, The Tudor Trust, Joseph Rowntree Foundation, Carnegie Trust, FSE, The Robertson Trust, Ignite and Fair4All Finance.