Microcredit lending scheme launched in Ireland

28th July 2016 Consumer Collections |

Irish Social Protection Minister Leo Varadkar has announced a new scheme to allow credit unions provide small affordable loans. A pilot scheme in 30 credit unions saw 1,300 people accessing the loans, the average amount of which was under €500. A further 50 credit unions have already expressed interest in joining the scheme Up to 400,000 people are estimated…

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Two credit insurance specialists set to merge

28th July 2016 Mergers and Acquisitions |

UK Credit Insurance and The John Reynolds Group Ltd will merge in August. Following the merger the new company will be called Acumen Credit Insurance Brokers Ltd. A new website will follow in September: www.credit-insure.co.uk.

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STA International appoint new Managing Director

28th July 2016 Commercial Credit Management |

STA International has announced the appointment of Mark O’Neil as Managing Director. Former Managing Director Colin Thomas will become Chairman. A list of the latest appointments in the credit industry can be found here.

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