Tuesday, February 19, 2013

Back Briefing

A good article on a technique that I'm trying to add to my repertoire


Back briefing because what you've heard is not always what was said. And vice versa.

Pay Day Lenders

OFT asked to suspend four pay day lenders..

Original article is here

A very hot topic within the industry.  I predict that in a year or two we (the credit risk community) will look back upon" Pay Day Lending" as a case study.  There will be some good from this (improvements in credit scoring, behavioural scoring, credit abuse, affordability) but the reputational damage of some of these companies will still be felt.

DCA D Day

Its the 19th of Feb
Very interested to see what the OFT decide to do

See this link for details