We are pleased to have been named as a finalist at Credit Strategy’s Lending Awards 2019 in the Alternative Consumer Lender of the Year category.

What could be our third win of the year, the Lending awards will see 

 compete against other alternative lenders such as Oakbrook Finance and Savvy.co.uk.

Judges picked the finalists with the most innovative business models and product range. Areas such as customer satisfaction, the volume of credit provided to borrowers, organisational growth and financial success were also considered when picking the shortlist.

The winner will be announced on the 12th November at the Hilton in Bankside, London.

Congratulations to all the finalists this year.

Bumper Named Finalist At Lending Awards 2019

Bumper are pleased to announce the service advisor of the month award for September goes to Harry Taylor and Fraya Brinkman at Thurlow Nunn Vauxhall.

In September the team helped over forty customers drive away safer and happier with essential repairs made on their vehicles.

Having joined Bumper back in August 2018 Fraya has made consistent use of interest free finance making it an integral part of the aftersales service she offers. Harry joined the Bumper network in August this year and since become a frequent user of the service improving customer satisfaction and customer retention.

Area manager for the south east, Sam Levy, said “What a great achievement for both Fraya and Harry along with one of our longest standing customers in Thurlow Nunn which continues to thrive using Bumper as a main customer conversion tool. Fraya and Harry have added great value to Bumper not only in helping customers but providing best practices to share with the wider Bumper user network. Great work guys!”

Well done Fraya, Harry and the team at Thurlow Nunn Vauxhall!

Service Advisor Of The Month: On The Brink of Success

Team Bumper were at Automotive Management Live 2019 Thursday 7th November discussing our latest ecommerce plug-ins.

 AM Live allows suppliers to the automotive industry to share industry best practice and discuss how to prepare for the future of motor retail.

The main objective for the team this year was to showcase our new ecommerce plug-ins allowing customers to apply for interest free finance at home when sent an invoice break-down by dealerships signed up to the service.

This will give consumers greater access to finance and dealerships and a more connected experience.

Bumper Exhibit New Ecommerce Plug-ins at AM Live 2019

We are thrilled to announce Bumper has been chosen as Alternative Consumer Lender of the Year 2019 at the prestigious Experian’s Lending awards.

The Lending Awards is the only award programme distinguishing and rewarding individuals and businesses across the spectrum of three of the largest sectors in the UK credit market

The awards, held at the Hilton in London Bankside, saw winners such as Rate Setter and Hitachi Capital Business Finance.

This latest achievement comes as our third award having won at the FStech and Credit Strategy awards earlier this year.

Bumper Win Third Award of The Year at Lending Awards 2019

We are pleased to announce our service advisor of the month award goes to Jane Bailey from Bristol Street Motors.

Jane has been a regular user of Bumper since August 2016 when she began to make interest free finance a part of her everyday sales process.

Jane and the team have recognised the value spreading payments over monthly instalments brings to consumers; allowing them to budget better for their monthly expenses.

Since joining Bumper Jane has gone on to help over 297 customers complete £142,000 worth of essential repairs made to their vehicles. Combined with the overall numbers for her site this team has helped 381 customers drive away happier and safer.

Service Advisor of the Month Award: Bails Never Fails

We are pleased to announce our service advisor of the month award for December 2019 goes to Alkan From Group1 Audi Chingford.

 in September 2019 Alkan has proved Bumper to be an excellent tool to add value for customers, allowing them to budget monthly for essential repairs to their vehicles.

To date Alkan has helped hundreds of customers drive away with their payments split into affordable monthly payments.

Well done to Alkan and the team at Audi Chingford!

CHA-CHING!-ford: The Chingford Service Advisor Helping Customers Budget Better With Bumper

We are delighted to have been announced as the winner for Best New Product or Service for our online payment portal at the Automotive Management awards last week.

The awards, held annually, are dedicated to acknowledging exemplary performance and innovation in the Automotive Industry. Other winners included Kia Motors UK for Franchise of the year; one of our partnered dealerships, VW Wrexham, as Best Used Car Dealership; and a recent partnership for ASF, Citygate SEAT Reading.

Following our wins at FSTech Awards, Credit Awards and the Lending Awards last year, this is the company’s fourth win to date.

Congratulations to all of the evening’s winners!

Bumper Win At AM Awards 2020

Unlike other countries, there isn’t a universal credit score in the UK. Here, credit reference agencies such as Transunion, Equifax and Experian provide data to lenders for risk assessments, who in turn report back to the agencies on whether the customer has maintained their repayments. As lenders may use 1, 2 or all 3 of the credit reference agencies, the score you receive from each is likely to be different.

Not only do different credit agencies use different criteria, they also score you using different scales. For example, with Experian you would be scored out of 999 and with Credit Karma, which uses Transunion and Equifax, you would be scored out of 710.

What these companies consider a good, bad or average credit score is published on their websites but how they determine this varies by agency.

There are five main points agencies will consider when determining your score:

You can check your credit score for free by visiting Experian’s website or Credit Karma.

Alastair Shephard

Content Writer