Morses Club acquired Hays Credit.

Morses Club, the UK's second largest home collected credit lender, acquired Hays Credit, a home collected credit lender. Financial terms were not disclosed. Paul Smith, Chief Executive Officer of Morses Club, commented: "I am delighted to announce this acquisition and welcome Hays' customers to Morses Club. Hays is a high-quality business and further expands our offering for clients in the North East. Home collected credit is the fundamental core of our business and our recent acquisitions demonstrate our commitment to both continuing to grow our home collected credit capabilities, as well as diversifying our broader online product offering".