All articles by Jon Hudson

Jon Hudson

Non-prime finance: Jon Hudson, Experian: More data, more awareness

A Competition Commission order for Home credit providers is an example of improving the available information within the subprime sector, which ought to pay dividends in future The idea behind it is to share the information on customers gathered by door-to-door lenders, who loan out small amounts at a time, in the same way as other lenders share information via the credit bureaux When people within this demographic apply for a larger loan, the lender can see how they behaved previously, which finance companies were previously unable to do, as no data were available

Change before you have to

Jon Hudson argues that motor finance providers need to look closely at their risk management procedures