Bank of Mum and Dad fund over a quarter of home purchases

2nd May 2017 Consumer Collections |

Legal & General and Cebr have published a new report into the role the Bank of Mum and Dad plays in helping their children get on, or move up the property ladder. The research shows the Bank of Mum and Dad will lend over £6.5 billion in 2017, up from £5bn in 2016, providing deposits for…

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Fraudsters prey on low income families

2nd May 2017 Consumer Collections |

Families in Britain who are struggling financially are increasingly becoming prime targets of financial fraud, according to new research from Experian. This group, made up of more than 4 million people in the UK, have experienced the highest growth rate in fraud between 2014 and 2016. Of all the fraudulent credit applications made using an…

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Kuflink receives full FCA authorisation

Peer to Peer lender Kulfink has received full FCA regulation. The accreditation marks a milestone seal of approval for the Kuflink Group, validating the company’s founding premise of customer-centric transparency, financial security and premium industry service as a paramount objective. Kuflink is part of the Kuflink Group, which is also compromised Kuflink Bridging. Launched in December 2011, the company is a lender in the…

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