Consumer lending (578 items)

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Harvey Norman revives consumer lending

Harvey Norman is reviewing its financial services strategy ahead of Amazon's launch in Australia amid concern the local retail chain's consumer finance products may not stack up against payments options to be offered by the US retailing giant.The review, which could have big implications for the local retailer's existing financial services partners – Latitude Financial and Flexigroup – is already driving changes to the company's approach to in-store finance. read more

Auswide peers at margin options

Marketplace lender MoneyPlace is skipping along in loan originations, much of its funding flowing through its new controlling shareholder, Auswide Bank.Auswide's contribution to funding for MoneyPlace reached A$14 million at the end of June 2017, up from $1.4 million at June 2016, the bank disclosed in its results for the 2016/17 financial year. read more

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