News Formal

RCS enters secured lending business

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

Россия Новости Новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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
Источник: ewnupdates - 🏆 30. / 53 Прочитайте больше »

Vodacom to tackle ruling on data | IOL Business ReportMobile operator has hinted that it could challenge the Competition Commission's ruling on data prices.
Источник: IOL - 🏆 46. / 51 Прочитайте больше »