CCS ‘CHOICES OF FUNDING’ – CAN YOU AFFORD TO BE WITHOUT IT…?
CCS ‘CHOICES OF FUNDING’ – CAN YOU AFFORD TO BE WITHOUT IT…? Six months ago we announced our unique ‘Choices of Funding’ approach to help retailers present all available repayment options to customers equally and compliantly. Numerous retailers have now introduced the new process, and they’ve found it’s had an unexpected but very welcome benefit […]
Bathroom Finance: Help your customers fund the latest bathroom trends for 2015
Bathrooms can often feel a little neglected, but more and more people are looking to add a little bit of luxury to the smallest room in the house! And bathroom finance options can help make the upgrade affordable for more customers. So what are the trends for 2015 that customers will be looking to incorporate […]
Kitchen Finance: Payment options that will help get customers’ homes on trend for 2015
Kitchens are typically one of the most expensive rooms to furnish. But given how much time we spend in them, it’s well worth the investment to get the design right. That’s why so many people choose to use professional kitchen designers, manufacturers and installers. For retailers, having kitchen finance options makes their designs more affordable […]
Consumer credit for retailers: Get the edge in a competitive market
Why offer credit to your consumers? As a retailer, you’re well aware that businesses only make money by closing sales. But when you sell ‘big-ticket’ items, affordability can sometimes be an obstacle for customers. So if you’re not offering repayment options, then you’re probably missing sales opportunities every day. Consumer Credit for retailers is a […]
Investing in their conservatories is a spending priority for homeowners
Investing in their conservatories is a spending priority for homeowners Lloyds Bank Insurance has conducted new research into how homeowners live today compared to how they lived in their childhood homes — and the findings provide interesting insight into spending priorities. Reasons why homeowners invest in home improvement: 65% want to improve the way their […]
New report predicts continued growth for the Domestic Glazing Market until 2018
Growing consumer confidence, a burgeoning housing market and a low interest rate environment helped boost the domestic glazing market in 2013, and the latest research is predicting growth will continue through to 2018. Robert Palmer, director of Palmer Market Research, said: “We’re entering the longest period of prolonged growth for this market since the nineties.” The […]
September Update from Consumer Credit Solutions
by Andy Wallace, Managing Partner As we head into the final quarter, I thought it would be a good time to recap on 2014. It’s been an excellent year so far, and we’ve seen a genuine and discernible increase in consumer confidence with more people seemingly willing to commit to ‘big ticket’ purchases. We recently exceeded £10million […]
Retailers report that implementing our new CCS ‘Choices of Funding’ process increases credit sales
Taking the lead from the FCA’s requirement that all customers are treated fairly, we’ve recently designed a new Choices of Funding process to help retailers ensure they are presenting all repayment options to customers equally and compliantly. The new process includes a ‘form’ which lists all the finance options (cash/self-funding, interest free, buy now-pay later […]
Understanding APRs (it’s not quite as complicated as you might think)
The following information is taken from http://www.moneysavingexpert.com/banking/interest-rates Understanding APRs You can’t avoid APRs. They should appear on every advert offering credit and customers have to be given APR figures whenever they discuss finance with sales representatives. APRs are designed to help make finance less confusing and more transparent – they help customers compare finance rates like-for-like […]
How to ensure your credit promotions are compliant…
What is a ‘promotion’? The term promotion covers a wide range of marketing and advertising. It includes websites, sales brochures, adverts in a magazines or newspapers, direct mail flyers – basically, it is anything seen, heard or read by customers that’s designed to influence or encourage them to reach a purchasing decision. You can’t rely […]