AA suggests creditworthy customers should not be excluded

Money News

www.moneynews.co.uk > General finance > AA suggests creditworthy customers should not be excluded

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

AA suggests creditworthy customers should not be excluded

Customers who can afford to borrow money should not be excluded because lenders are acting in an overly risk-averse manner, according to the AA.

Director of AA Financial Services Mark Huggins made these comments at Credit Today's Credit Summit in London this week, pointing out that demand for finance is continuing to outstrip supply.

In his view, it is up to financial organisations to "work harder" to satisfy the public, but the government could also play its part by ensuring that financial education is a key component in the curriculum for youngsters.

Mr Huggins stated: "Britons are becoming increasingly divided between those who are able to obtain credit and those who either can't, or can only do so at a price."

The AA offers a variety of financial products, such as credit cards and personal loans, but recently added to this portfolio by introducing health insurance in conjunction with Axa PPP healthcare.

Click here for more general finance newsADNFCR-323-ID-19778421-ADNFCR

Related News : General finance

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : AA

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet