Consumer Credit selects PIC for expanded consulting solutions

Consumer Credit, a division of Nedcor Limited, has signed an expanded RiskMentor consulting contract with PIC Solutions.

This contract will provide ongoing credit and risk management consulting support to one of Africa`s leading providers of private label credit to independent retailers and merchants.

Through this ongoing RiskMentor retainer contract, Consumer Credit has committed to a level of support hours, which can then be used for analytical, consulting and technical support as and when it is most needed over the next 12 months.

Sivi Pillay, General Manager: Risk at Consumer Credit, states: "We have enjoyed significant benefits from our new credit risk policies and are excited about the future results that an expanded RiskMentor contract will offer us. By increasing the level of support from PIC Solutions, we aim to achieve even more increases in productivity and profitability."

Dave Lewis, Director at PIC Solutions, adds: "We are delighted that Consumer Credit has decided to expand their RiskMentor consulting contract with us. The flexibility of the RiskMentor relationship will ensure that Consumer Credit can optimise the benefits of our risk management personnel and we look forward to working closely with them over the course of the next year."