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 […]
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 […]
FCA’s General Principles
Below are the FCA’s General Principles. Businesses applying for authorisation will need to provide evidence and demonstrate that they are embedded into the company’s culture. 1 Integrity A firm must conduct its business with integrity. 2 Skill, care and diligence A firm must conduct its business with due skill, care and diligence. 3 Management and control A firm must take reasonable care to organise and control […]
Added the wrong category to your FCA Interim Permission? How to get it updated…
Mistakes happen. And if you’ve inadvertently added the wrong permission (category) to your Interim Permission, then all is not lost. You could simply apply for a variation of permission via the FCA’s website. However, you may not need to take any action. The FCA should have written to you and advised when to apply for full […]
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 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 […]
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 – […]
If homeowners can’t buy, then you can’t sell
Consumer Credit Solutions (CCS) will be presenting at the KBB Review Kitchen Conference on September 12th. Consumer Credit Solutions, which specialises in home improvements credit, will illustrate how offering “soft sell” finance can help kitchen retailers win more sales, increase order values and bring forward purchases. A recent survey commissioned by CCS shows 56% of […]
Beating the credit crunch with consumer finance
Offering attractive consumer credit can make all the difference in converting prospective customers into signed deals, says Andy Wallace, managing partner of finance provider Consumer Credit Solutions (CCS). Over 10 per cent of CCS’s business – circa £300 million approved loans this year – comes from the renewables sector and the numbers are increasing monthly. […]