Creditplus Director Named Among the 50 Most Powerful People in UK Car Finance

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The managing director of Creditplus, Shaun Armstrong, provides his reaction to the list of the 50 most powerful people in the UK car finance industry. He provides insight into the challenges that these people have overcome to keep the industry growing through uncertain economic times.

Managing Director of Creditplus Car Finance

Shaun Armstrong

The 50 Most Powerful People in UK Car Finance list includes many people that have helped to keep our industry innovative and healthy after the tough years of recession.

The managing director of Creditplus, Shaun Armstrong, has been named among the top 50 most powerful people in UK car finance in a survey conducted by Motor Finance. Creditplus are the only online specialist mentioned in the list amongst the biggest companies and people that influence the car finance market.

The top 50 list was compiled by journalists Richard Brown and Jonathan Minter for Motor Finance, the magazine for the car finance industry. The list was voted for by the industry experts to show who the key figures are that influence the market.

The varied list covers many areas of the industry including lenders, finance specialists, individuals and members of parliament. Shaun Armstrong was listed in the category of 40 – 26, along with Vince Cable (MP – Business Secretary), Mike Britton (Sales Director – Barclays Partner Finance) and Andy Gruber (director – Alphera Financial Services).

Shaun Armstrong commented: “While I am flattered to be included in the list of the Top 50 most powerful people in UK car finance, the list includes many other people that have really helped to keep our industry innovative and healthy after the tough years of recession.

“It is a testament to the people on this list that UK consumers and businesses are still able to fund their new and used vehicles at sensible rates. We have played our part in helping the motoring industry to stay competitive through the recent difficult years.”

The top 50 list was headed up by:

5. Paul Harrison, head of motor finance, Finance & Leasing Association
4. Graham Wheeler, managing director, Volkswagen Financial Services
3. Mark Standish, managing director, MotoNovo
2. Martin Wheatley, managing director, Conduct Business Unit, Financial Services Authority; chief executive- designate, Financial Conduct Authority
1. Chris Sutton, managing director, Black Horse

The inclusion of Creditplus on the list is a testament to the way the company has utilised the internet and modern technology to drive the car finance market forward online. The company has frequently built new innovative tools that help consumers gain the knowledge that they need to secure competitive finance rates.

Shaun Armstrong explains: “We have always prided ourselves in building innovative tools and a customer journey that has helped drive the online market forward. The investment we have made to empower our customers with knowledge has ensured that we continue to be a market leader.”

You can see the full list of the 50 most powerful people in UK car finance here (subscription required).

Notes to Editor:
The research was conducted by Motor Finance journalists Richard Brown and Jonathan Minter in December 2012.

More About Creditplus:
Founded in 2004, Creditplus have been the innovative driving force in the online car finance market. Led by managing director Shaun Armstrong, Creditplus is a specialist online finance provider. In December 2012 he was voted into the top 50 list of the most powerful people in the UK car finance industry.

Based on the South Coast, Creditplus has developed close relationships with the leading UK finance companies including Barclays, Santander and Alphera. These relationships allow Creditplus to provide the most competitive finance offering to their customers for finance and leasing products.

Creditplus continue to be the most innovative online car finance provider. They have developed many bespoke tools that enhance a consumer’s online experience. They were the first company to offer an instant online loan decision, they have created a real time finance quotation tool that is powered by multiple lenders against real vehicles and even a credit rating guide to aid consumers that are unsure about their credit rating.

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Mark Humphrys
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