consumer finance

Consumers prioritise brand reputation when choosing finance providers

23rd February 2024 Consumer Lending | #consumer finance

Consumers are prioritising brand reputation above both product and price when choosing a finance provider, according to new research by Amp Corporate Communications. When asked to place the three in order of importance, 37% put brand reputation in first place. This was followed by product (34%) and then price (24%). Additionally, 73% of consumers said…

Consumers feeling financially worse off than they were a year ago

13th October 2023 Arrears and Recoveries | #consumer finance

Consumers are feeling financially worse off than they were a year ago, especially those aged 35-54, according to research by Dye & Durham. Almost half of respondents (47%) said their finances are in a worse place than they were 12 months ago, with only 16 per cent of people suggesting their finances have improved. Those…

Consumer finance new business grew by 1%

11th August 2023 Consumer Lending | #consumer finance

Latest figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in June 2023 by 1% compared with the same month in 2022. In the first half of 2023, new business was 3% lower than in in the same period in 2022. The retail store and online credit sector…

Consumer finance new business grew by 1% in January

10th March 2023 Consumer Lending | #consumer finance

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 1% in January 2023 compared with the same month in 2022. In the twelve months to January 2023, new business was 10% higher than in the same period in 2022. The retail store and online credit sector…

Consumer finance grew by 11% in October

10th December 2021 Consumer Lending | #consumer finance

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 11% in October 2021 compared with the same month in 2020. In the ten months to October 2021, new business was 13% higher than in the same period in 2020. The credit card and personal loan sectors…

Consumer finance new business grows by 1%

8th November 2021 Consumer Lending | #consumer finance

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 1% in September 2021 compared with the same month in 2020. In the nine months to September 2021, new business was 13% higher than in the same period in 2020. The credit card and personal loan sectors…

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