Credit, Collections & Insolvency News
Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. She will start in the role on 11th September. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professionals with responsibility for prudential and enterprise risks…
Read moreMortgageGym, the world’s only regulated mortgage robo-adviser, has announced the successful completion of a seed funding round of £2m ahead of its official aunch this summer. The FCA-authorised service, which is set to change the nature of mortgage advice in the UK, will allow homebuyers to complete their mortgage application online in 15 minutes through…
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There are a lot of misunderstandings by both creditors and debtors as to what can and cannot be done in respect of outstanding debts. Here is an examination the “top ten” debt myths. 1.The myth – A creditor must accept any offer of repayment made. Most creditors will have heard a debtor say “I will…
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