Ethical Profile

Mixed.

International Personal Finance PLC (IPF) has a mixed ethical profile. Critics point to its core business of providing high-interest, short-term loans to underserved populations, alleging these can create debt traps and financial instability, with high APRs potentially being exploitative. Concerns also arise regarding "Honest & Fair Business," with reports suggesting a potential for mis-selling or opaque fee structures, partly due to reliance on self-employed agents. This agent model also raises questions about consistent fair pay and benefits. Furthermore, IPF's use of algorithms for credit scoring and handling sensitive data necessitates robust AI ethics and data protection to prevent bias and ensure fairness.