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New figures released today by the Finance & Leasing Association (FLA) show growth of 10% in consumer finance new business in February, compared with the same month last year.
In the press
The Financial Conduct Authority (FCA) has published its business plan for 2018/19 which sets out the key priorities for the coming year.
The Credit Services Association (CSA) is concerned that new guidelines for debt advisors could keep customers in debt for longer by failing to reflect their true financial position.
The availability of consumer credit dropped “significantly” in the first quarter of 2018, according to a survey of credit conditions published by the Bank of England.
Nearly a third of consumers see defaulting on a loan payment as being the fault of the lender rather than the borrower, a report has found.
Callcredit Information Group, which is understood to be the second largest consumer credit bureau in the UK, has been bought by New York Stock Exchange-listed TransUnion.