We’re experts in our market because we take the time to understand our customers.

We’re a specialist lender serving the one in five UK consumers let down or turned away by mainstream banks and loan companies. We understand that people find themselves in the non-standard market for a number of reasons:

  • Life events, such as job losses or divorce
  • New to credit so little or no credit history
  • Looking to build or rebuild their credit rating
  • Managing everyday life on low, average or irregular incomes with little or no savings
  • Variable incomes, such as being self-employed or having several part-time jobs
  • Value a more tailored product and service

Essentially, we serve a wide and varied customer base. The reasons our customers have for choosing us over other mainstream companies are equally varied. Some use our products for emergencies and are with us for a short time. Others make regular use of our services, either as part of their everyday lives or to rebuild their credit profiles with a view to moving into, or back into the mainstream.  

Meet Eric

Eric needed to build himself a credit rating and mainly spends on his card because it’s so convenient and offers him peace of mind when making online purchases. 

Because of the varied customer base, we, therefore, have to be able to provide a wider range of suitable and sustainable credit products than is typically provided by a mainstream lender. Our customers sit across a broad range of risk profiles. It’s therefore important that a range of price points can be offered, increasing financial inclusion. Finally, our customers’ needs and circumstances are often more fluid than those of consumers served by mainstream providers, requiring us to provide a more flexible approach.

Meet Leah

A first-time car buyer with us through Moneybarn, Leah needed some financial support to get on the road after passing her test. After using credit poorly in her younger years, Leah was looking for a car to get to help her travel to a better job. 

In many cases, while our customers may be salaried and earning average incomes, our customers have individual circumstances that either aren’t compatible with mainstream lending or require a more tailored and sustainable approach to credit. These circumstances can also change over time, which means we need to be flexible if and when customers find themselves unable to afford their payments. As a group of responsible lenders, we offer tailored forbearance, which means we do our best to work with customers, arrange repayment schedules that work for them and avoid unnecessary penalties.

Meet Graeme

Once a mainstream customer, Graeme is now using one of our credit cards to rebuild his credit score.