Some 33% of denied short term loan applicants would consider turning to an illegal lender, with 4% eventually doing so, according to a survey conducted by YouGov and the Consumer Finance Association (CFA). Read full story
Grant Thornton has hired Marc Tendler and Bas Hoekstra to its leasing, asset & consumer finance advisory practice, in order to expand its area of expertise. Read full story
Levels of consumer lending in the year’s third quarter came close to matching pre-crisis levels, with mortgage markets leading the way, according to the Bank of England. Read full story
Members of the Finance and Leasing Association (FLA) are seeking greater clarity on the FCA authorisation process, especially with regard to intermediated business, it emerged last week. Read full story
Has the transition to the FCA been a smooth process?