It has been over a year since the first UK lockdown where we all had to drastically change our usual working patterns. As a business owner, naturally I was worried about how our team would cope with the new, remote, ways of working due to lockdown.
We talk a lot about how passionate we are at LOQBOX about Financial Inclusion. It is the backbone of our business and something we hold ourselves accountable for daily. But the other side of this, which is equally as important, is digital inclusion.
A study last year revealed that less than 30% of the UK's fintech workforce was female. The same study also found that whilst less than 30% of the fintech workforce is female, only 17%of senior fintech roles are held by women.
Self employment has its perks, you can wear what you want to the ‘office’, set your own hours and eatlunch at 10am if you so wish but it also has some down sides like an unpredictable income, but doesbeing your own boss impact your credit score?
Growing and maintaining a good credit score is something we should all be doing to make sure we have access to the financial resources we need to achieve our goals. But, it’s also important to understand what lenders look at when deciding whether or not to approve our loan or credit application.
Since the inception of our business we have always believed strongly that a fair credit market for all requires products that responsibly help individuals to build a credit history in order to access credit products that are priced for their true risk.