Salad Money
@salad_money
Salad Money provide affordable loans to workers across the U.K. without using credit score. We also provide benefit entitlement support through Open Banking.
ID: 1124304683261206528
http://www.saladmoney.co.uk 03-05-2019 13:28:19
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Ezechi Britton MBE shined at the ClearScore #Change2024 on the "Open Banking in Lending" panel, exploring its pivotal role in the fintech sector. Thanks to Tim Kelleway, Tim Rooney of @salad_money and Gerald Chappell of Abound for an insightful discussion!
. Salad Money has analysed transactions of those applying for #credit and revealed that harmful, heavy gambling is on the rise. thefintechtimes.com/salad-money-re…
Harmful Gambling’s Growing ⬆️ Salad Money examined 177,000+ peoples’ transactions with an average net income of £34k 🎰 15% spent £500+ a month on gambling 🎰 10% more than doubled this monthly❗️ ‘Many credit providers are…failing…their duty to protect vulnerable customers’
‘Over half of the 58,555 people declined for excessive gambling spent more than £440 on gambling each month, a big increase in monthly spend compared with 2023’ —Salad Money
Gambling is Increasing Applicants declined because of ‘excessive gambling’: ⬆️ 2024: 33% ⬆️ 2023: 29% ⬆️ 2022: 25% —Salad Money