Alternative Lenders Profit As Banks Close Their Doors ; in Association with Rensburg Sheppards Borrowers Are Now Looking Further Afield
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Summary
AS NERVOUS high street banks close their doors to growing numbers of would-be borrowers, other sources of credit are booming as customers hunt elsewhere.
Doorstep lenders, pawnbrokers and credit unions are in demand as the credit crunch combines with a worsening recession to put pressure on household finances.See the full content of this document
Extract
Alternative Lenders Profit As Banks Close Their Doors ; in Association with Rensburg Sheppards Borrowers Are Now Looking Further Afield
Many companies who lend to customers with poorer credit histories traditionally denied loans elsewhere are having to turn away new business in droves.
Pawnbrokers, meanwhile, are benefiting from the tougher ...See the full content of this document
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