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Cartel Client Review – how it all began

The story of Cartel Client Review is both interesting and gives an insight into what we do and why we do it.

Cartel is now over 10 years old, with Cartel Client Review, the newest company to the group, expected to be the most successful venture yet.

A Brief History of Cartel

1997 Cartel launched.
1998 / 1999 Cartel is twice invited to speak at Sub Prime Mortgage Lending and Credit Conferences alongside Merrill Lynch, KPMG, Experian and Michael Coogan, the Director General of the Council of Mortgage Lenders.
2004 Carl Wright, Managing Director of Cartel Group Holdings Plc, is appointed to the AMI Board (Association of Mortgage Intermediaries) of the Director General Consultation Group.
2004 Cartel chosen by the BBC to be interviewed on 31st October 2004. The start of mortgage regulation by the FSA (Financial Services Authority).
2004 Carl Wright named in the ‘42 under 42’; a list of 42 entrepreneurs under the age of 42.
2004 Cartel is featured in the Sunday Times Fast Track as the 85th fastest growing UK company.
2005 Carl Wright interviewed by the Financial Adviser newspaper (Financial Times Group) on his belief of widespread sub-prime mis-selling and predicts that a ‘sub-prime crash is coming’ within 2 years. 18 months later, July 2008, the worldwide credit crunch begins.
2007 Cartel Group continues to diversify with the launch of Cartel Client Review financial claims management.
July 2008 In excess of 10,000 Client Reviews in progress. Over 500 representatives attend the Cartel Client Review National Sales Conference in Manchester.

So did Carl Wright, Director of Cartel Client Review, Predict The Subprime Crash?

We’ll let you make up your own mind on this one but the press articles, and the subsequent denials by the lending industry are a matter of public record.

“Scrutiny from the regulator, coupled with increased arrears and bad debt, could lead to a crisis in the sub-prime sector.” - Carl Wright 2005

Visit our press page to find out more about this prediction and other news from Cartel in the press.

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Carl Wright on Radio 5 Live

Listen to Carl Wright's interview on the 5 Live Drive show.

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As one of the UK’s fastest growing companies we are continually looking to hire the very best talent.

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