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Target wins Blue Motor Finance contract

Target Loan Servicing has won another significant contract to service loans for the Blue Motor Finance portfolio owned by Merrill Lynch.

Target Loan Servicing now employs over 120 staff at its loan servicing operation in Newport, South Wales and the new motor loan portfolio was transitioned to Target Loan Servicing within just 12 weeks.

James Snow, chief executive officer for Target Loan Servicing, says: “Proactive and effective customer management is key for our client. The benefit of Target Loan Servicing is that we offer a highly specialist service with an experienced loan administration and collections team.

“Coupled with Target Group’s market-leading loan management systems, we can quickly deliver value for our clients. These factors enable us to be very good at realising the value of loan portfolios whilst ensuring we deliver on our Treating Customers Fairly principles.”

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  • kevin suddick ref no195594 last six digits 3rd February 2011 at 11:18 pm

    i received a letter saying i owe 82.57 arreares when i no i don,t i phoned 2 weeks ago asking what my last payment was which is due on 9 3 2011 i was tol 237.00 i,ve never missed a payment so how can my account b in arrears car reg is vk02oyo can u give me a ring on 01914690590 ref the above thank u mr kj suddick

  • kevin suddick ref no195594 last six digits 3rd February 2011 at 11:18 pm

    i received a letter saying i owe 82.57 arreares when i no i don,t i phoned 2 weeks ago asking what my last payment was which is due on 9 3 2011 i was tol 237.00 i,ve never missed a payment so how can my account b in arrears car reg is vk02oyo can u give me a ring on 01914690590 ref the above thank u mr kj suddick

  • ray newton 19th April 2010 at 9:21 pm

    im trying to contact blue motor finance regarding vehicle yd54ffu,,outstanding debts i owe 07535139962 asap