ESRC press coverage
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Set curfew for online money lending, say academics

Set curfew for online money lending, say academics | ESRC press coverage | Scoop.it
Research says late-night online access to credit means people borrow more than they can afford to repay.
ESRC's insight:

This ESRC-funded research by Newcastle University researchers warns how 'digital' credit services are fueling borrowing and spending on impulse. 

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Bank of England publishes updated data on the use of the Funding for Lending Scheme

Today's publication shows for each group participating in the FLS the net quarterly flows of lending to UKhouseholds and businesses to the fourth quarter of 2013, and the amount borrowed from the Bank to the end ofJanuary 2014, which was the end of the drawdown period for the first part of the Scheme.

ESRC's insight:

Sources include the British Household Panel Survey, which is funded by the ESRC.

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