Credit, Collections & Insolvency News
Specialist debt collection ARC (Europe), has become an Affiliate Member of the Consumer Finance Association (CFA), the principal trade association representing the short-term lending sector in the UK.
Dewi Fox, Managing Director of ARC (Europe), sees clear benefits in a closer alliance with the Association and what it is trying to achieve: “We work closely with a number of short-term lenders in supporting their collections activities and recognise the work of the Association in representing its members’ view to Government and Regulators.”
The CFA comprises a growing number of lenders including the market leaders such as Enova, Dollar, Lending Stream and Sunny. Other members include Uncle Buck, 24/7 Moneybox and Trusted Quid.
Jason Wassell, Chief Executive of the CFA, welcomed ARC (Europe) to the Association: “Our focus is on influencing the environment within which our members operate and ensuring that our members are fully informed of latest developments. Broadening our membership to include businesses like ARC (Europe) supports our ambition to become an essential part of the consumer finance industry.”