NestEgg is very pleased to be announced as a finalist in the Consumer Credit Awards: ‘Technology Partner of the Year’ category.
Often the focus is on the technology side of that partnership. NestEgg has certainly helped grow the loan books of our lender clients. However, it’s the outcomes from the hard work of our credit union partners that really matter.
In the last year NestEgg has helped 40 lenders decision a loan every minute. If we compare the cost of using one of our credit union clients to borrow £500 instead of a high cost credit, lower income households save £85 every minute of every day.
The benefits of credit union membership are growing rapidly; Wirral Credit Union’s loan applications grew x14 after adopting NestEgg’s decision engine.
Helping generate more loan income, means our lender clients can provide and deliver more benefit to their local community. Take Central Liverpool Credit Union’s Community Garden and Playground for example, which has a range of play equipment for children and is free for the community to use. Or Lurgan Credit Union’s Promotion, Education, Training, Planning and Development programme which supports projects and initiatives within the community. NestEgg is proud to be part of these partnerships.
Winners of these awards are determined entirely by votes and not a panel of judges. We hope that you can cast your vote in the Consumer Credit Awards as recognition for the part NestEgg plays in growing the responsible lending sector.
As an added bonus, there is also a prize draw and a chance to win £1,000 if you vote!
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