Unsecured Loans
Overview
HML offers a fully outsourced service and administration for unsecured lending.
This covers clients who wish to enter the short term unsecured loans markets as well as the more traditional prime loans market with advances up to £30,000.
We have a strategic partnership with Harrogate based instalment credit specialists Nostrum Group and can offer an outsourced unsecured loan service and administration from application all the way through to loan payout, handling customer payments and customer service calls at our UK call centre.
This allows clients to enter the market and to offer this product without significant investment in people and premises.
Unsecured loans can be used for many purposes including car loans, holidays, university fees, paying off credit cards, household goods and we are happy to work with lenders in all these markets.
The scalability of our infrastructure is complemented by the constant development of our systems, processes and expertise.
Features
- full multi-channel capability - web, telephone and branch point of sale
- a complete unsecured loans service
- variable cost 'pay as you use' model
- a scalable resource
- accounts are serviced for you until they are settled or the book is sold on
- HML has a 100% track record on migration projects
- authorised and regulated by the FSA.
Benefits
- save time and cost in bringing your products to market quickly
- focus your time and energy on product design and pricing
- avoid significant capital investment and fixed costs
- reduce operational complexity and free up resources
- outsource the entire management or just the bits that cause pain
- protect and enhance your customers' experience
- efficient and cost effective regulatory/compliance management
Reviews
Related
29 September 2011
Successful month for HML underlines market trends
23 September 2011
Helping new entrants break into the unsecured lending market
21 September 2011
HML appoints Graham Donald as head of unsecured lending
1 September 2011
Should lenders consider a change of tack?
10 February 2011
HML gets set for expansion into new markets in 2011