Feasibility Study into the Viability of Establishing a No-Interest Loans Scheme (NILS) in the UK – March 2020

Practice area: Behavioural Economics | Consumer and firm behaviour | Consumer behaviour and protection | Consumer markets and protection
Client: HM Treasury
Published: 11 March, 2020

London Economics has completed a feasibility study into the viability of establishing a no-interest loans scheme in the UK for HM Treasury. Based on wide stakeholder consultations, desk-based research and analysis of various datasets, this study examined various options for potential access and eligibility criteria for the scheme, how such a scheme might be structured, delivered and managed, and potential funding options for the scheme.