Winners List: Credit Strategy’s Credit Awards

Last Update: November 25th, 2016

Credit Strategy's Credit AwardsTo begin with some background information, Credit Strategy is a recent rebrand of Credit Today that went through a few months into 2016. They have now moved to www.creditstrategy.co.uk. This change was sparked as a result of Shard Media Group Ltd acquiring the owner (Athene Publishing Ltd) earlier in the year. Athene has operated through events, magazines, web properties etc. The Credit Strategy Magazine started out in 1998 and it is today the industry leader, reporting on commercial and consumer credit. This magazine has a headed average circulation of 10,000 and a readership of 38,000. Their website that reports on current goings on in the industry is popular with professionals working in the financial sectors.

They attract around 53,000 visitors each month. Their news section tends to equally report on those that lend and on those that collect debts. Every such company that can be reported on are hopeful each year that they’ll receive a nomination and perhaps even a win at the annual Credit Awards event. This will be returning for its 18th year on the 11th May 2017 at the Grosvenor House Hotel in London. A range of categories are put together that have started to be branched off into smaller niches handing extra chances to win. The judges represent law firms, lenders and trade bodies. Each independently reviews and scores the qualifying entries to uncover the overall winners of each category.

This is a bit of a swanky gathering with the party running through until 2am. Tickets are booked for tables of 10, with the price range spanning from £3250 (Bronze Zone) to £5500 (Diamond Zone). A list of past winners are shown on www.creditawards.co.uk. They however only report from 2011 onwards. Our objective was to cherry-pick the specific awards relevant to us (the companies that we profile and compare). There are 4 main groupings of interest here. As you’ll see below, these have a habit of taking on name changes. We’ll run through each grouping alphabetically. Updates will follow here as we approach the 2017 ceremony (the finalists are yet to be announced).

Winners List: Credit Strategy’s Credit Awards

1) Alternative Lender of the Year

2011…
Borro

2012…
Borro

2013…
Funding Circle (commercial)
RateSetter (consumer)

2014…
Fair Finance (consumer)
Platform Black (commercial)

2015…
118 118 Money (short and mid-term)
Iwoca (commercial)
SafetyNet Credit (specialist consumer)
Zopa (P2P)

Renamed: Best Alternative Lender

2016…
Iwoca (commercial)
Oakam (short and mid-term)
QuidCycle (specialist consumer)

Best P2P Lender (variation)

2016…
Assetz Capital

2) Car Finance Provider of the Year

2014…
MotoNovo Finance

2015…
Alphera FS

Renamed: Best Car Finance Provider

2016…
Black Horse (lender)
Zuto (broker)

3) Credit Card Provider of the Year

2011…
Vanquis

2012…
Vanquis

2013…
No award

Renamed: Credit Card Provider

2014…
Nationwide

2015…
No award

Best Financial Services Provider (variation)

2016…
Nationwide

4) Responsible Lender of the Year

2011…
Moneyline (short-term)
The Funding Corporation (long-term)

2012…
Moneyline

2013…
My Home Finance

Renamed: Treating Customers Fairly Award

2014…
Northumbrian Water (creditor)
Phillips & Cohen Associates (supplier)

2015…
Amigo Loans (credit provision)
Cabot CM (collections, third party)
Shop Direct (collections, creditor)

2016…
Cabot CM (collections and debt management)
GMAC UK (consumer and motor)
SafetyNet Credit (short and mid-term)
Zopa (alternative lending).