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.…
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