News Formal

RCS enters secured lending business

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

BNP Paribas-owned consumer finance company introduces peer-to-peer vehicle and home improvement loans

Unsecured lender RCS has quietly entered the secured lending space.

RCS CEO Regan Adams said the lender realised how difficult it could be to compete with the big banks in asset financing, which is why RCS is carving a niche to finance private peer-to-peer vehicle transactions. Adams said the company’s ambition in the unsecured lending space was to start growing its credit card offering. The company will target its store card customers with both the personal loan and credit card offerings.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

RCS enters secured lending businessBNP Paribas-owned consumer finance company introduces peer-to-peer vehicle and home improvement loans
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

RCS enters secured lending businessBNP Paribas-owned consumer finance company introduces peer-to-peer vehicle and home improvement loans
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Rand weaker after US Federal Reserve holds lending rates, stocks gainThe US Federal Reserve on Wednesday held interest rates steady and signalled little appetite to adjust them any time soon. This is worrying
La source: ewnupdates - 🏆 30. / 53 Lire la suite »