Fair Finance
Working together to help people access affordable credit and financial support.
Vanquis and Fair Finance have been working together since 2024 to help more people get the credit and financial support they need.
The partnership brings together Vanquis’s banking experience with Fair Finance’s expertise as a community finance provider.
About Fair Finance
Fair Finance is a Community Development Finance Institution (CDFI) and social enterprise that provides fair and affordable finance to people who may struggle to get mainstream credit.
Founded in East London in 2005, Fair Finance now operates across the UK, providing affordable personal loans and access to debt advice.
How the partnership works
Not being eligible for credit today doesn’t necessarily mean someone won’t be eligible in the future. That’s why at Vanquis, we support people not yet able to open a Vanquis product, helping them take steps to strengthen their financial position over time.
When someone applies for a Vanquis Credit Card but isn’t currently eligible, they’re offered the option to connect with Fair Finance for additional financial support.
Fair Finance can help people identify benefits and social tariffs they may be entitled to and provide access to affordable credit, where appropriate.
Our partnership is further supported by the Vanquis Benefits Checker, which helps people identify benefits they may be eligible to claim. Together, these services help people get practical financial support when they need it.
Our impact
Since the partnership began in December 2024:
- 35,000+ people referred for support or benefits checks
- £60m+ in potential annual benefit entitlements identified
- £400k+ in affordable loans provided
Supporting financial inclusion
By combining Vanquis’s reach with Fair Finance’s community finance expertise, the partnership is helping more people find financial support and affordable credit that may otherwise be difficult to access.
The partnership was already up and running when the Government published its Financial Inclusion Strategy. This strategy highlighted the partnership between Vanquis and Fair Finance as an example of how banks and community lenders can work together to improve financial inclusion and help more people get the financial support they need.
Find out more about Fair Finance and the support it provides