How to push diversity in the credit industry

It also features a piece which explores how credit providers can offer the best support for customers suffering from domestic abuse. StepChange Debt Charity Phil Andrew, meanwhile, explores why the Financial Conduct Authority’s proposal to ban referral fees is right. 

Alongside this, there’s a sit down interview with digital lender Molo Finance’s credit risk director Lawerence Bywater. In it, he explores how Covid has impacted the credit market, and what the mortgage market needs to do to mitigate the effects of climate change.

In the view from Westminster piece, Jonathan Horsman explains why buy now, pay later cannot “defy the laws of economic gravity” and what’s expected this year, while our secret columnist reflects on the fallout of the COP26 summit in the Fifth Estate column. 

The magazine also reviews Credit Strategy’s Collections & Vulnerability Summit, sponsored by Lantern, Just, Arvato, Ophelos, QUALCO, FICO, Sopra, Ceverine, Telrock, Data on Demand, ALPHERA Financial Services and StepChange Debt Charity, which took place at the Midland Hotel in Manchester. Among the topics discussed included a debate on whether a personal debt crisis really afoot post-pandemic, and why vulnerability should be a part of a company’s business as usual activity. 

To read the full magazine, click here.