New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported growth in new business volumes of 12% in June 2021 compared with the same month in 2020.  In the first half of 2021, new business volumes were 31% higher than in the same period in 2020. The…

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 28% in June 2021 compared with the same month in 2020.  In the first half of 2021, new business was 18% higher than in the same period in 2020. The retail store and online credit sector reported…

New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported growth in new business volumes of 327% in May 2021 compared with the same month in 2020.  In the first five months of 2021, new business volumes were 37% higher than in the same period in 2020.…

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 116% in May 2021 compared with the same month in 2020.  In the first five months of 2021, new business was 15% higher than in the same period in 2020. The retail store and online credit sector…

Here is an overview of The Money Charity’s latest statistics for June 2021 Personal debt in the UK People in the UK owed £1,714.4 billion at the end of April 2021. The average total debt per household, including mortgages, was £61,509 and per adult was £32,355, around 108.7% of average earnings. Net mortgage lending rose by…

Independent motor finance broker and technology provider Evolution Funding has announced it has appointed Daniel Reeve as its Chief Technology Officer (CTO). Prior to joining Evolution, Reeve held a number of senior technology appointments, including CTO at one of UK’s leading car park management companies, CTO at Capita (Travel and Events), and Technical Director at…

Experian and Codeweavers have agreed on a new partnership which it says will enable car buyers to get a clearer view of their financing options without affecting their credit score. Dealers and lenders using the Codeweavers platform will now see what lending the customer would be preapproved for – or a percentage likelihood of them…

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 147% in April 2021 compared with the same month in 2020.  In the first four months of 2021, new business was 1% higher than in the same period in 2020. The retail store and online credit sector…

New figures released by the Finance & Leasing Association (FLA) have shown that the consumer car finance market reported growth in new business volumes of 1276% in April 2021 compared with the same month in 2020.  In the first four months of 2021, new business volumes were 13% higher than in the same period in…

Credit Connect Media will host the latest edition of its Connected News digital free live webinar series on Wednesday 14th July. The webinar titled “Delivering responsible vulnerable communications” will be the latest in the series of webinars looking at the latest thematic innovations enhancing collections strategy. Speakers from Lowell and the Lending Standards Board will…

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