Home credit provider sees rise in customer numbers
Home credit business Morses Club has seen a 13% increase in customers to 233,000, with total credit issued standing at £82m.
This has led to a rise in revenue of 14% to £54m and profits of £8.7m. In its half-year interim results, the Batley-based group said the strong first half performance demonstrated the success of its credit policy and high quality lending.
The company achieved a 24.7% increase in total credit issued to £82m (H1 FY17: £66m) through a combination of new territory build... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
