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Home collected credit company Morses Club said current trading remained in line with its expectations, despite challenging conditions in its core market.
'Customer numbers are stable, but credit issued is slightly down year-on-year as customers are borrowing less frequently,' chief executive Paul Smith said in speech notes for the company's AGM.
'We are confident in our strategy of using technology to diversify and expand our product offering to serve our customers' needs.'
At 8:14am: (LON:MCL) Morses Club Plc share price was -5.5p at 144.5p