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Welcom Financier to Attend Annual CCTA Conference 2017
Welcom Digital is delighted to announce we will be attending and supporting the CCTA at their annual conference once again this year. The conference, due to take place on Thursday 2nd November, will focus on future unification, growth, and vision in the credit industry. For many years, CCTA has work...
Welcom are delighted to announce that Guarantor loans provider Buddy Loans is moving to our Financier platform in Q4 2017
Buddy Loans recently secured institutional investment to allow it to increase its lending and has also received full FCA authorisation. Buddy, launched in 2013, aims to give more consumers who have been refused loans from mainstream lenders access to affordable credit. Founder, Nick Zapolski comment...
Consumer Credit Firms to Help FCA Recover £62m Deficit
Regulated consumer credit firms will pay to replenish the Financial Conduct Authority (FCA)’s £62m deficit over the next decade. The deficit, which is in the funding for consumer credit activities, relates to the change in the FCA’s scope to include consumer credit, and has been highligh...
Figures Show Consumer Finance Fell 2% in April
The latest figures to be released by the Finance and Leasing Association have revealed that consumer finance new business fell by 2% in April, compared with with April 2016. Compared with last year, personal loan new business and credit cards grew by 3%, although retail store and online credit new b...
P2P market matures as alternative asset class for investors
Ten years after the very first peer-to-peer sites emerged in the UK, an important milestone for the sector was reached when two of the largest UK sites – Zopa and Funding Circle – were approved by the City watchdog, heralding a seal of approval for the lenders. The steady rise of peer-to...
Consumer Confidence Index Increased 2 Points in May
The latest data has shown a two point increase in market research firm GfK’s Consumer Confidence Index, scoring -5 in May. The index, which has five measures overall, saw four measures increase and one remain unchanged. The index measuring changes in personal finances over the last year has al...
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