Source: https://tendernation.io/opportunities/01a13ca2-a24a-701d-a47d-e23551acbef1/the-current-scale-and-trajectory-of-illegal-moneylending-in-the-united-kingdom

closed GB direct award procedure Suitable for SMEs

# The current scale and trajectory of Illegal moneylending in the United Kingdom (UK)

[FAIR4ALL Finance Limited](https://tendernation.io/buyers/fair4all-finance-limited)

Estimated value

£100,000

Published

13 Dec 2021

Deadline

Closed

28 Jan 2022

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Fair4All Finance is seeking to commission a comprehensive research report into the current scale and trajectory of illegal moneylending (IML) in the UK.

We want the research to establish, as precisely as possible, the current volume and value associated with IML in the UK. This will include physical, face to face interactions, and more recent developments in online introductions and transactions conducted digitally. In these scenarios, customers may be duped into thinking the website or introducer is legitimate or preyed upon where they may know or suspect the lender is unauthorised but believe their choices are so limited that they proceed with transactions.

Insights from this work, especially understanding the volume and value of illegal moneylending, will be used by Fair4All Finance and partners to inform regulators and the wider financial services sector on how to reduce customers in financially vulnerable circumstances needing to turn to illegal money lenders.

The request for proposal document can be found on the Fair4All Finance website.

## CPV classification

Research and development consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/ca81071b-bd3a-4c76-a492-e9d9147b2def)

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