The current scale and trajectory of Illegal moneylending in the United Kingdom (UK)

A Tender Notice
by FAIR4ALL FINANCE LIMITED

Source
Contracts Finder
Type
Contract (Services)
Duration
8.5 month
Value
£100K
Sector
PROFESSIONAL
Published
13 Dec 2021
Delivery
14 Feb 2022 to 31 Oct 2022
Deadline
14 Jan 2022 18:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Fair4All Finance is seeking to commission a comprehensive research report into the current scale and trajectory of illegal moneylending (IML) in the UK. We want the research to establish, as precisely as possible, the current volume and value associated with IML in the UK. This will include physical, face to face interactions, and more recent developments in online introductions and transactions conducted digitally. In these scenarios, customers may be duped into thinking the website or introducer is legitimate or preyed upon where they may know or suspect the lender is unauthorised but believe their choices are so limited that they proceed with transactions. Insights from this work, especially understanding the volume and value of illegal moneylending, will be used by Fair4All Finance and partners to inform regulators and the wider financial services sector on how to reduce customers in financially vulnerable circumstances needing to turn to illegal money lenders. The request for proposal document can be found on the Fair4All Finance website.

CPV Codes

  • 73200000 - Research and development consultancy services
  • 79315000 - Social research services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Other Information

https://fair4allfinance.org.uk/invitations-to-tender/ Fair4All Finance - Request for proposals on research into the scale of illegal moneylending in the UK v1.pdf

Reference

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