Credit card spending growth slows to 4.9%

16th May 2019 Consumer Collections |

The latest UK card stats reveal that the growth in credit card spending is down to 4.9% in February. In February 2018 the corresponding figure was 8.3%. However, the use of credit cards continues to increase as a payment method in the UK. There were 246 million transactions on cardholders’ credit cards in February 2019,…

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Broadband, phone and media firms must inform customers about best deals

16th May 2019 Consumer Collections |

Broadband, phone and TV (Media) customers must be told when their contract is coming to an end, and shown the best deals available, under new rules announced today by Ofcom. Ofcom wants customers to be able to take advantage of choice in broadband, phone and TV, and get the best deals for their needs. This…

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Beyond the FCA report: rules of engagement

16th May 2019 Industry opinion |

There’s no denying it’s is a very interesting time to be involved in the automotive F&I marketplace. Like it or not, the publication of the FCA’s review into the motor finance sector will be a harbinger of change. Motor finance can still be a source of profit for all parties – but the rules of…

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