Debt Community Network

Payday lenders let off the hook as regulators miss the point

Debt Community Network

Despite credit cap, Britain’s payday lenders will live to loan another day

The announcement that payday lending industry will – finally – see a cap on the cost of credit is welcome news. But any belief that this one simple measure will eliminate the industry would be mis-guided. For a start, the cap on the cost of a payday loan introduced by the Financial Conduct Authority (FCA) […]

Debt Community Network

The Debt Bomb

Debt Community Network

Debt in the Wider Economy

This group of posters links debt to wider issues in the U.K. economy, demonstrating the complex economic, legislative and socio-cultural dynamics of debt. Poster 1: Know Your Enemy This poster represents the multi-pronged approach of trying to reform high cost credit lenders or legal loan sharks (Payday lending, doorstep catalouge lenders etc,). It outlines some […]

Debt Community Network

Examples of Existing Campaigns

  Poster: Jubilee Debt Campaign This poster outlines the overarching demands of the Jubilee Debt campaign including 1) debt cancellation (of unjust/illegitimate debt); 2) control lending and capital flows (regulate finance!!) and: 3) tax justice.  The suggestions to bring this change about include: solidarity with debt activists in developing countries, awareness raising in the UK, […]

Debt Community Network

The Power of Debt

Debt Community Network

The Politics of Personal Debt

Debt Community Network

Poster: Politics of Debt

Debt Community Network

Knowledge exchange posters

Posters Throughout the day participants made posters and commented on those made by others. From the very beginning it was clear that there was a high degree of technical and expert knowledge in the room and using posters provided a visual way of representations of the key issues and topics the formed out agenda for the day. […]

Debt Community Network

Poster: Borrower as Consumer—standards and practice

Debt Community Network

The UK’s everyday debt economy

Continuing dependence on debt highlights the great ‘strategic silence’ at the heart of the contemporary political economy of the UK. Household debt is the strategic silence in contemporary policy debates about the state of the UK economy. We know that households across the income and socio-economic spectrum are dependent on debt: in 2014, households with […]

Debt Community Network

Digital technologies of debt resilience: everyday life and citizenship in the Age of Austerity

Executive summary Digital Technologies of Debt Resilience is a pilot study into the everyday politics of indebtedness in Britain. One element engages directly with political actors seeking change to some aspect of the political economy of retail credit or personal debt; the other element looks directly with the indebted and how they use peer-to-peer information […]