Credit, Collections & Insolvency News
The London Institute of Banking & Finance has launched launched a CeMAP® Diploma. The new CeMAP® Diploma builds upon the success of The London Institute of Banking & Finance’s industry-leading level 3 qualification CeMAP®. To gain the advanced qualification, advisers will need to complete a new level 4 Advanced Mortgage Advice unit, building on CeMAP’s…
Read moreThe Financial Conduct Authority (FCA) has today announced that it will consult on new guidance on the treatment of customers with mortgage payment shortfalls (commonly referred to as arrears). This guidance covers remediation for mortgage customers who may have been affected by the way firms calculate these customers’ monthly mortgage payments. The FCA has identified…
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KSA Group, has appointed Stephen Jones as Regional Manager. Jones qualified in 1986 and has extensive experience in SME and owner-run businesses, including the turnaround of loss-making companies. Managing Director of KSA Group, Keith Steven, said “Stephen joining ‘plugs a gap’. We now have very experienced regional managers in every main business area delivering innovative turnaround…
Read moreNew figures from the Insolvency Service Ireland show that almost 900 people applied to put a formal insolvency arrangement in place with their lenders. The figures were for the three months to the end of September. This was up 102% on the same three months last year. But the number of heavily-indebted people who secured a…
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The Royal London National Funeral Cost Index reveals funeral debt in the UK has risen to £147million as people borrow from friends and family or the ban to fund the last wishes of loved ones. Royal London’s research highlights that the average cost of a funeral in the UK is now £3,675, with 93,359 adults…
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