Written Question·Treasury·UIN 192271

Fair4All Finance: Northern Ireland

Tabled: 4 July 2023
Answered: 10 July 2023
Named Day

Question

Mr Gregory Campbell

Democratic Unionist Party — East Londonderry

To ask the Chancellor of the Exchequer, what recent progress his Department has made with Fair4All Finance on rolling out a no-interest loan scheme in Northern Ireland.

Answer

Andrew Griffith
At Budget 2021, HM Treasury announced £3.8 million of funding to pilot a No Interest Loan Scheme (NILS), designed to help vulnerable consumers across all four nations of the UK who would benefit from affordable credit to meet unexpected costs.This pilot i...
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