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The Credit Summit opening speech gave new insight into the future changes that are required within the consumer credit sphere.
Christopher Woolard, Director of Policy, Risk and Research at the FCA commented that improvements were required to protect customers and treat them fairly. He mentioned the need for lenders to move towards quotation credit searches and offer more enhanced affordability checks.
Redline Application Services highly configurable platform can help lenders manage regulatory change. Talk to us about how we can take the stress out of your credit operations.
a few reasons to use Redline
We have an experienced team and a proven flexible, secure, scalable platform.
24/7 availability from the most secure data centre in the U.K.
We can get you up and running within short timescales, with minimal upfront costs and a competitive pricing structure proportional to your business levels.
Compliant systems, processes and procedures.