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Podcast: How to Lend Money to Strangers
Episode: The right content in the right hands at the right time, with Nicky Senyard (Fintel Connect)
Description: We all love how easy it is to change bank accounts these days... until it is our customers (and their planned-on deposits) who are moving. After all, we just sent them a pamphlet that very clearly invited them to apply for a loan at an APR of between 5% and 25% variable on term and risk and changes in the base rate, and subject to final credit checks, and late fees and penalties could apply in certain circumstances - that's a good deal, what was there to not understand?Our lending business have changed dramatically...