All articles by Nick Cherry
Nick Cherry
Simple strategies for subprime success
A dearth of funding in the subprime market has meant that maximising collections performance has become of paramount importance to the remaining players in the industry. For many, the cessation of new business has seen the level of scrutiny on collections performance increase to previously unparalleled levels, and this is set to continue
The changing face of debtors
The old rule book on the typical debtor has had to be torn up as a result of the recession, says Nick Cherry Most motor finance providers are reporting increased bad debts as a result of the recession, but what, if anything, has actually changed?
Engaging with debtors
Motor finance companies which use new approaches to debt collection will benefit as the economic picture gets gloomier, says Nick Cherry.