The latest consumer credit update from the FCA
As of the 1st April the number of firms with interim permission had reached 49,405. Interim permission allows firms to continue carrying out regulated consumer credit activities until they are fully authorised. FCA authorisation is the replacement for the OFT licensing system. The FCA is taking a phased approach to its new authorisation process. They will be reviewing thousands […]
Have you changed over to the new versions of Lenders’ documents?
With the FCA taking over responsibility for consumer credit on the 1st April, all Lenders’ loan application documents have been updated (this includes both Barclays and Hitachi). The new forms look very similar to the old ones, but they now include the legal statement ‘authorised and regulated by the Financial Conduct Authority’ and they have […]
Another record-breaking year for Consumer Credit Solutions – loan approvals up by £75m
PRESS RELEASE Consumer Credit Solutions have reported another record-breaking year. The business approved loans worth over £325m in 2013 up from £252m in 2012. Andy Wallace, Managing Partner at CCS, says the figures reflect the steady growth by clients in the Glass and Glazing market, and an unprecedented demand for credit finance from the Solar […]
CCS sponsor marathon 12 day 24 hour charity walk
Consumer Credit Solutions are pleased to be one of a number of businesses sponsoring the Steve Prescott Foundation’s 12 day 24 hour charity walk challenge! Starting out on the 5th May, participants will walk from Land’s End to John O’Groats. It promises to be a tough trial as there will be no overnight stays in […]
CCS help Home Improvement & Renewables sectors navigate new FCA consumer credit regulations
PRESS RELEASE On the 1st April the Financial Conduct Authority (FCA) took over responsibility for regulating consumer credit activities from the Office of Fair Trading (OFT). The introduction of authorisation and more rigorous legislation presents both a challenge and opportunity for the home improvement industry. After quickly recognising the impact on businesses, Consumer Credit Solutions […]
Heather Carey joins CCS as Marketing Communications Manager
Heather Carey has been appointed CCS’ new Marketing Communications Manager. Heather is a successful B2B marketing communication consultant who previously worked with a wide range of businesses and organisations across the North West and beyond, including Winning Pitch PLC, Synexus UK, Blackpool Council and MasterObjective Ltd. Andy Wallace said, “Heather’s appointment will bring additional expertise into our team […]
Colin Macpherson appointed General Manager
Colin Macpherson has been appointed General Manager at Consumer Credit Solutions, from the 1st February 2014. Colin has worked in and around the consumer finance industry since the 1970s, and over the years he has seen many changes. He has known the CCS founding partners professionally for many years, and when they asked him assist […]
Finance matters: CCS shortlisted for national award
Consumer Credit Solutions (CCS) has been shortlisted for a prestigious Construction Marketing Award in the ‘Best Professional Services Campaign’ category. The CCS campaign challenges the negative perceptions of point-of-sale finance still held by some who associate it with hard selling and high rates. CCS is the leading intermediary provider of credit to the home improvement […]
DigiSig software speeds up sales for CCS customers
The sale is made and the customer is ready to order, keen to go ahead. The finance is agreed, (via the salesperson’s laptop or tablet) so they can have exactly what they want without having to compromise. Everything is in place, but the customer has to sign the necessary documents to confirm the finance – […]
New additions to CCS record-breaking team
Two new recruits are settling in at point-of-sale finance provider Consumer Credit Solutions (CCS) as the team expands to cope with record-breaking demand. Dave Jones has joined the company, which specialises in the home improvements sector, as Business Development Manager (BDM) for the North West. Dave brings a lot to the role, with experience on […]