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Page 3 of 5 Who is Premium Credit? Clients of Premium Credit also have the reassurance of knowing that through their parent, Bank of America, they have the financial strength and stability that comes with ownership by one of the world’s largest financial organisations with corporate banking offices in 150 countries.
They work with over 4,000 intermediaries across their chosen markets, providing finance and collection services for insurance premiums and professional, membership and other service charges. They have over 1.5m customers and achieved gross advances of £2.95bn in 2008, processing 19 million Direct Debits. 
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