INTERVIEW: Morses Club Strategic deal transforms the online lending business – Mark Thomas, Hardman & Co

Hardman and Co analyst Mark Thomas joins DirectorsTalk to discuss his note on Morses Club (LON:MCL) recent acquisitions. Mark talks about the acquisitions, what Curo does to build the group, the expectant profits, Curo’s administration and the in-fill deals.

Morses Club plc is the second largest UK Home Collected Credit (HCC) lender with 230,000 customers and 1,900 agents across 94 locations throughout the UK.

The Company offers a range of loan products to its customers through its extensive self-employed agent network. The majority of the Company’s borrowers are repeat customers and the Company enjoys consistently high customer satisfaction with scores of 95% or above.

The Company is using technology to broaden its offering and provide new products to ensure customers can access credit with the flexibility they require. In April 2016, its cashless lending product, the Morses Club Card, was introduced, enabling its customers to buy online as well as on the high street. Dot Dot Loans, the Company’s first online installment product, was launched in March 2017.

You might also enjoy reading  Neodecortech: Business booming
Find more news, interviews, share price & company profile here for:
Morses Club plc
Find more news, interviews, share price & company profile here for:
Hardman & Co

Share this interview

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on whatsapp
WhatsApp
Hardman & Co
INTERVIEW: Morses Club Strategic deal transforms the online lending business – Mark Thomas, Hardman & Co

Other Interviews

More News

Ask your questions

Do you have questions you’d like to ask this company, get in touch and we’ll ask them for you.   

I have questions