LeadPoint has begun selling ‘payday loan' leads, which it says is one of the fastest growing UK consumer finance sectors.
Payday loans are intended for people with incomes between £15,000 and £35,000 who are living on a tight budget and need temporary funds to prevent cheque bounces and bank charges. LeadPoint says it is already established in the US market for payday leads and hopes to move into the UK market where demand is growing rapidly. LeadPoint managing director, Nick Chapman, says the firm is planning a number of new products in the near future. “Over the coming months we will be launching a number of new products to continue to build our market place and offer lead buyers and sellers in a variety ...
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