Higher Rate Loan Mark

The FairLife Higher Rate Loan Mark is reserved for organisations that bring social and economic benefits to society by offering affordable credit to individuals or businesses who find it difficult to access finance from traditional commercial sources. They also enable those with poor credit histories to rebuild their credit scores so they can access a wider variety of lenders.

Holders of the mark are required to offer a personal service which tailors the product to the needs of the borrower.  In addition the mark gives a flexibility to repay the loan early and seeks to offer protection to customers who find themselves unable to pay their debts.