Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured
Facebook LinkedIn Twitter

Time: 0:0

Think Finance recruits Equifax for STL assessment

10 March, 2014

By: Ryan Bembridge

category: Commercial, Residential, Short Term, Unsecured

0

Think Finance are working with Equifax to optimise its application assessment process.

The financial technology and analytics company introduced its consumer lending product, Sunny, in August 2013, which bridges the gap between payday and mainstream financing for non-traditional borrowers.

Think Finance’s Sunny offers customers a new way to borrow up to £1000 with flexible payment schedules, a no fee guarantee and rates that drop over time with good payment history.

Jason Bumgarner of Think Finance said: “Equifax took the time to fully understand our business and the unique nature of the Sunny Loans product.

“Their knowledge of the short term lending sector combined with the power of Equifax data delivers real value to Think Finance.”

Equifax is providing predictive credit characteristics which are crucial in assessing an individual’s credit-worthiness and ability to afford the loan.

Craig Tebbutt, head of alternative lending at Equifax, added: “This new three year agreement with Think Finance reflects Equifax’s continued commitment to the short term lending sector.

“We are excited to work with Think Finance which continues to demonstrate real innovation in the marketplace.”


Tags: Equifax, lending, loan, loans, Payday, Payday loans

Recent News

Evolution Money launches second-charge tracker

08 April, 2021

Loans Warehouse: Business as usual for second charge market

12 January, 2021

Loans Warehouse appoints former OneSavings Bank director

12 January, 2021

Shawbrook increases maximum loan size across second charge offering

12 January, 2021

Comments are closed.

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Blog: Regulation, regulation, regulation

28 January, 2016

  • 0

BLOG: The need to shop around

27 October, 2015

  • 0

Experience is everything

28 March, 2013

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
Facebook LinkedIn Twitter

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© Mortgage Introducer Limited: Our Privacy and Cookies Policy

TPG

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login