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Opinion: Risk-based pricing will be key to future of dealer finance

Analysis: NatWest's provisions rise £400m, as mortgage forbearance levels hit £1.3bn

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

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Knowledge hub

Welcome to the Knowledge Hub, where you can find a range of resources designed to help you get a deeper understanding of the entire credit and lending world.
Take a look at the webinars, conference presentations, best practice case studies, recommended reports and insight tools by different industry below.

Buy-now pay-later providers require "urgent" regulation - Woolard review

Buy-now pay-later providers require "urgent" regulation - Woolard review

News02 Feb 2021

There is an "urgent" need to regulate all buy-now pay-later firms, according to an FCA-commissioned review that sets out 26 recommendations on unsecured credit

Lending Awards winners revealed for 2020

Lending Awards winners revealed for 2020

Concerns raised over panel for FCA's unsecured credit review

Lenders’ new priorities for risk and growth – the Lending Summit agenda revealed

Evan Davis and FCA to appear at a landmark Credit Summit for 2020

News16 Oct 2020

Credit Strategy has launched the full agenda for the Credit Summit, sponsored by Experian, which will feature Evan Davis returning as chair and the Financial Conduct Authority (FCA) delivering a keynote on the regulator’s expectations

Former Barclays directors to launch UK challenger bank

Former Barclays directors to launch UK challenger bank

News14 Oct 2020

Two former Barclays executives are hoping to launch a new British bank targeting young professionals

Shortlist revealed for Credit Awards 2020

Shortlist revealed for Credit Awards 2020

Treasury announces changes to debt collection letters

News09 Oct 2020

The Treasury has announced that debt collection letters sent by lenders and collections firms will change to include ’less threatening’ terms and simpler language for customers

New Amigo Loans CEO pulls out as board chaos continues

New Amigo Loans CEO pulls out as board chaos continues

Morses Club sees lending and cash collections start to recover, after April slump

Risk appetite dries up, as 0% credit card offers drop to record low

Metro Bank reveals objective on talks to acquire RateSetter

FOS report analysis: Banking and credit complaints drop nearly 50,000, while alternative lending cases surge

Features03 Jun 2020

Credit Strategy’s analysis of figures from the Financial Ombudsman Service (FOS) show banking and credit complaints plunged nearly 50,000, in the year to April, while large increases were seen in upheld complaints about guarantor loans, home credit and other forms of alternative lending

Spike in IVAs drives up personal insolvencies in April

Spike in IVAs drives up personal insolvencies in April

Arrow Global posts profit fall as debt sale market slows

Credit Strategy launches Covid-19 Tracker and new membership package

Register for our webinar: Responsible lending in a lockdown

FCA extends credit card and overdraft measures to guarantor loans and home credit

FLA seeks urgent support for non-bank lenders, after support requests surge 1,000%

Commercial Finance News09 Apr 2020

The government and the Bank of England need to take urgent action to support the non-bank lending market, according to the Finance & Leasing Association (FLA)

FCA to scrutinise arrears volumes, as priorities and fees set out for 2020/21

FCA to scrutinise arrears volumes, as priorities and fees set out for 2020/21

Features07 Apr 2020

The Financial Conduct Authority (FCA) has published its Business Plan for 2020/21, which includes a pledge to monitor the number of over-indebted consumers and arrears volumes in key markets

Amigo Loans suspends lending to new customers

Amigo Loans suspends lending to new customers

Alternative Lending News01 Apr 2020

Amigo Loans has temporarily suspended lending to new customers amid the Covid-19 pandemic

Entries open for Lending Awards 2020

Administrators appointed to Uncle Buck following FCA action

BrightHouse calls in Grant Thornton administrators

Barclays increases Covid-19 support to customers

Alternative Lending News25 Mar 2020

Barclays has confirmed it will be making changes to its overdrafts and the application process for its mortgage holidays to help customers affected by the coronavirus outbreak

High-cost short-term lender Cash On Go enters administration

High-cost short-term lender Cash On Go enters administration

Turnaround, Restructuring and Insolvency news06 Mar 2020

Administrators from Smith & Williamson have been appointed to high-cost short-term lender Cash On Go, which trades as Peachy.co.uk and Uploan.co.uk

Amigo Loans “committing slow-motion suicide”, says founder Benamor

Amigo Loans “committing slow-motion suicide”, says founder Benamor

News05 Mar 2020

Amigo Loans’ founder James Benamor has resigned from its board just three months after reinstating himself, claiming the guarantor lender is “committing slow-motion suicide while playing out the script from Brewster’s Millions”

Debt solutions for 'buy now, pay later' debts rise 300 percent

Debt solutions for 'buy now, pay later' debts rise 300 percent

Alternative Lending News03 Mar 2020

Debt solutions including arrears to ’buy now, pay later’ providers have jumped by more than 300 percent in the past six months, according to findings from the Financial Wellness Group

Complaints could push BrightHouse to brink

Complaints could push BrightHouse to brink

Turnaround, Restructuring and Insolvency news02 Mar 2020

The UK’s largest rent-to-own provider, BrightHouse, is facing an influx of claims over historic practices, which could threaten its ability to continue trading, following a £43.5m pre-tax loss

Amigo Loans rows back on board appointment as sale process continues

Amigo Loans rows back on board appointment as sale process continues

Alternative Lending News18 Feb 2020

Amigo Loans has withdrawn plans announced in December to appoint a board member, as several parties have expressed an interest in acquiring the firm

FCA seeks to relieve pressure on UK's 7.4 million over-indebted consumers

FCA seeks to relieve pressure on UK's 7.4 million over-indebted consumers

Credit Risk News18 Feb 2020

Easing the burden on over-indebted consumers is among the Financial Conduct Authority’s (FCA) priorities in 2020, the regulator has announced

Challenger bank N26 to withdraw from UK market

Challenger bank N26 to withdraw from UK market

Credit Risk News12 Feb 2020

Challenger bank N26 is to close all its UK accounts and cease operating in the British market, citing difficulties following Brexit

Treasury confirms 60-day breathing space will become law

Treasury confirms 60-day breathing space will become law

Sean Lock to host Credit Awards 2020

Impact of challenger banks starts to recede

"Wonga owe me £2,354! Imagine if I owed them that!" Former customers reveal compensation shortfalls

FCA instructs credit card firms to review persistent debt policies

FCA asks banks to show working on overdraft pricing

Credit Risk News28 Jan 2020

The Financial Conduct Authority (FCA) has asked banks to explain their newly-announced pricing structures for overdrafts after rules were introduced banning high charges for unarranged overdrafts

Richmond Group puts stake in Amigo Loans up for sale

Richmond Group puts stake in Amigo Loans up for sale

Alternative Lending News27 Jan 2020

Amigo Loans’ major shareholder has confirmed its intention to sell its controlling stake in the guarantor lender

Least well-off most exposed to debt, think tank finds

Least well-off most exposed to debt, think tank finds

Credit Risk News16 Jan 2020

Low-income households have recorded a sharp rise in the use of high-interest consumer credit products over the past decade, research from the Resolution Foundation has found

Santander announces rate changes to current account

Santander announces rate changes to current account

Credit Risk News15 Jan 2020

Santander has announced that from May 5, 2020, interest paid on their flagship 123 account with balances up to £20,000 will be cut to one percent. It has also become the latest bank to set a 39.9 percent overdraft rate

Gambling using credit cards to be banned

Gambling using credit cards to be banned

Credit Risk News14 Jan 2020

The Gambling Commission has announced a ban on betting companies allowing UK consumers to use credit cards to place bets

Belmont Green appoints BrightHouse chief executive Mooney

Belmont Green appoints BrightHouse chief executive Mooney

Appointments13 Jan 2020

Vida Homeloans owner Belmont Green has appointed Anth Mooney as its chief executive, months after he joined BrightHouse

Unsecured debt hits peak of £14,540 per household, says TUC

Unsecured debt hits peak of £14,540 per household, says TUC

Alternative Lending News10 Jan 2020

The average household debt is now 31 percent above its peak before the financial crisis, according to figures from the Trade Union Congress (TUC)

Premium: Will 2020 bring a change of pace for short-term lenders?

Opinion03 Jan 2020

After a turbulent 2019 for the high-cost, short-term credit space, Steve Grice looks ahead to 2020

Industry commends Peter Wallwork, as CSA starts search for new CEO

Industry commends Peter Wallwork, as CSA starts search for new CEO

Future of consumer credit “still uncertain” despite decisive election

Alternative Lending News13 Dec 2019

The new government must act to stabilise the alternative lending market, according to a trade body

Grant Thornton administrators appointed to HCST lender MMP Financial

Grant Thornton administrators appointed to HCST lender MMP Financial

Alternative Lending News11 Dec 2019

MMP Financial, trading as My Money Partner and Swift Sterling, has joined the ranks of alternative lenders which have collapsed over the course of 2019

Piggybank latest payday lender to call in administrators

Piggybank latest payday lender to call in administrators

Alternative Lending News10 Dec 2019

Around 45,000 customers face financial uncertainty as HJS Recovery insolvency practitioners Shane Biddlecombe and Gordon Johnstone have been appointed to DJS, which traded as Piggybank

Amigo Loans chief executive steps down as founder Benamor returns to board

Amigo Loans chief executive steps down as founder Benamor returns to board

Alternative Lending News09 Dec 2019

Three board members, including chief executive Hamish Paton, are to step down from Amigo Loans as its founder James Benamor returns to its board

FLA calls on incoming government to overhaul Consumer Credit Act

FLA calls on incoming government to overhaul Consumer Credit Act

Alternative Lending News09 Dec 2019

The Finance and Leasing Association (FLA) has added its voice to calls to update the 45-year-old Consumer Credit Act (CCA)

FCA tells Amigo Loans to better explain risk to guarantors

FCA tells Amigo Loans to better explain risk to guarantors

Alternative Lending News28 Nov 2019

The Financial Conduct Authority (FCA) has told guarantor loans lender Amigo Loans it must more clearly explain the risks to people when they agree to act as a guarantor for a friend or family member

Elevate Credit CTO Grice made managing director

Elevate Credit CTO Grice made managing director

Alternative Lending News21 Nov 2019

Short-term lender Elevate Credit International has appointed Steve Grice as its UK managing director

Pawnbroker H&T stops high-cost, short-term loans amid FCA probe

Pawnbroker H&T stops high-cost, short-term loans amid FCA probe

Alternative Lending News19 Nov 2019

The UK’s largest pawnbroker H&T has ceased offering short-term loans “at least temporarily” while the Financial Conduct Authority (FCA) conducts a review of its lending practices

Lending Awards 2019 winners revealed

Alternative Lending News12 Nov 2019

Credit Strategy is delighted to announce the winners of the Lending Awards 2019, sponsored by Experian, in a ceremony held at the Hilton London Bankside Hotel

Credit 500 2020/21 nominations underway

QuickQuid owner Enova to exit UK market

Alternative Lending News25 Oct 2019

The UK’s largest payday lender, QuickQuid, is to close after its US-based owner, Enova, announced it plans to withdraw from the British market

Entries open for Credit Awards 2020

Events news10 Oct 2019

Credit Strategy is delighted to announce that entries are now open for the 21st annual Credit Awards, the biggest awards programme in the profession, sponsored by Experian

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