Latest Consumer Finance News

Credit Corp Group delivered a robust FY25 with a 16% increase in net profit after tax, driven by US debt buying and Australian/NZ lending growth. The company sets an ambitious FY26 outlook, underpinned by a record US investment pipeline and new product launches.

hummgroup has agreed to limited due diligence with The Abercrombie Group following a $0.58 per share non-binding proposal, aiming to clarify a potential binding offer by mid-September.

MONEYME has exceeded its FY25 operating cash profit expectations by 20%, driven by robust loan book expansion and improved credit quality, while gearing up for a major credit card launch.

Wisr has reported a robust Q4FY25 with a 154% surge in loan originations and a growing loan book now at $824 million, underpinned by improved credit metrics and strong capitalisation.

humm Group has granted The Abercrombie Group limited access for due diligence following a $0.58 per share indicative acquisition proposal, signaling a cautious but significant step forward in potential ownership change.

Harmoney’s founder Neil Roberts has sold 3.6 million shares, reducing his stake to 15%, as he transitions from Chief Strategy Officer to a non-executive director role.

Resimac Group Ltd has acknowledged civil penalty proceedings initiated by ASIC against its subsidiary for alleged breaches related to hardship notices, and is proposing a financial contribution program to compensate affected customers.

Humm Group reported a solid 10% increase in assets under management to $5.3 billion for 3Q25, maintaining stable margins while advancing a new hybrid loan product and IT platform modernization.

hummgroup announces the resignation of CEO Stuart Grimshaw for personal reasons, with Angelo Demasi appointed as his immediate successor to lead the company’s next growth phase.

Credit Corp Group maintains its FY25 NPAT guidance amid operational gains in US debt buying and cautious optimism in Australian/New Zealand lending markets.

MONEYME’s loan book surged to $1.5 billion in 3Q25, driven by a 65% jump in originations and steady revenue, underpinned by improved credit quality and innovative AI deployment.

hummgroup reports a remarkable 119% surge in half-year cash profit, driven by strong asset growth and operational efficiencies, while preparing to launch a new hybrid loan product in Australia.