Latest News Headlines
Commercial Credit News
|Brian Brodie, CEO at Freedom Finance comments on today's BoE Money and Credit statistics|
|Wednesday, 01 June 2016|
Brian Brodie, CEO at Freedom Finance, the UK’S biggest loan broker, comments on the Bank of England Money and Credit statistics released today: “The feelgood factor is evident in today’s lending figures from the Bank of England – consumers are clearly confident about borrowing when they need to. Consumer confidence, low interest rates and better credit availability are combining to create a positive environment for responsible lending.
“However, some customers are still not accessing the credit they need. Those people who fall outside the ‘perfect borrower’ criteria still need entry to the market and education about what’s available to them. Lenders can now adapt their systems and processes to suit the needs and circumstances of different types of borrowers, which should widen credit availability. Customers who may have struggled to receive credit previously, such as the self-employed or borrowers with an adverse credit history, should still be able to qualify for a loan in today’s marketplace.”
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Registered in England No: 05483197