Secure Trust Bank (STB) has bolstered its motor finance operations with an appointment to a newly-created position, as the lender targets business beyond its Moneyway non-prime brand.…
Santander Consumer Finance USA is reportedly aiming for a settlement in a dispute with the Consumer Financial Protection Bureau (CFPB), the American government’s consumer watchdog.…
First Response Finance has agreed a long-term remarketing deal with Leeds-based G3 Remarketing, on an exclusive basis.…
Receivables in Advantange, the non-prime car finance arm of S&U Financial, have grown 22.8% on 2017, to £258m, as the lender tightens underwriting on its applications.…
Moneybarn has reported a 10% year-on-year growth in business volumes for the four months to April, as it looks to shed higher-risk business.…
American private equity firm Pine Brook has shed its stake in The Car Finance Company (TCFC), as the subprime lender heads towards a solvent dissolution this year.…
Revenues in Advantage, the motor finance division of consumer lender S&U, hit £78m in 2017, up 30% from the previous year.…
Moneyway revenues rose 16% to £47.1m in 2017, parent Secure Trust Bank has reported in its first full-year results since moving out of subprime consumer finance.…
Provident Financial has appointed Malcolm Le May as chief executive officer, supported by a reshuffling among the company’s senior roles.…
Four former executives at Provident Financial have launched claims at the employment tribunal over their unfair dismissals, according to reports.…
Third of dealers still use Windows 7, as Microsoft withdraws support January 17, 2020 Chris Lemmon 
Cox Automotive and Auto Trader launch online dealer auction platform January 17, 2020 Athena Chrysanthou 
MotoNovo urges dealers to be “positive” as FCA consultation closes January 16, 2020 Athena Chrysanthou 
