Credit, Collections & Insolvency News
New figures released today by the Finance & Leasing Association (FLA) show that the point of sale (POS) consumer car finance market reported new business volumes down 2% in February, compared with the same month in 2016, while the value of new business was up by 2% over the same period. New business in the…
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New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business fell 3% in February, compared with the same month in 2016. Credit card and personal loan new business together fell by 4% compared with February 2016, while retail store and online credit new business was down by 5%.…
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Metro Bank, the revolution in British banking, has today announced the appointment of Alec Viney as Commercial Banking Director. Viney will be joining the bank’s specialist Large Commercial Banking team and will look after business customers in the south-east of England. Joining from HSBC, Alec has over 25 years’ experience in the industry and previously…
Read moreOakam has enhanced its mobile app with the launch of Oakam Grow, a new feature that uses gamification to make consumer finance more engaging, rewarding and inclusive. Oakam Grow builds on the UK-based consumer lender’s application of behavioural science to encourage the development of positive credit habits, and supports its strategy to bring digital disruption to the largely analogue micro-credit…
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