Credit, Collections & Insolvency News
Here is an overview of The Money Charity’s latest statistics for September 2018: Personal debt in the UK People in the UK owed £1.592 trillion at the end of June 2018. This is up from £1.545 trillion at the end of June 2017– an extra £900.74 per UK adult. People in the UK owed £1.5955 trillion at the end of July…
Read moreResearch from price comparison site Money Guru has revealed that more than half of consumers under 35 would prefer to talk about embarrassing health issues or the intimate details of a relationship than their financial woes. Money Guru’s data shows that 63% of consumers feel negative and disturbed emotions when thinking about their finances. However,…
Read moreThree water companies have been warned to improve their customer service as a new report by the Consumer Council for Water (CCWater) reveals households made more than 2.1 million calls to resolve problems last year. The annual complaints report by the Water Watchdog shows that nine out of 21 water companies in England and Wales…
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Peer-to-peer lender, Assetz Capital, has agreed on a deal with Connect for Intermediaries to be the first network that it distributes its products through. Assetz Capital provides commercial loans, development finance, bridging and buy-to-let to brokers who are part of its specialist network or use the Connect for Intermediaries packaging arm. It will provide both first and second…
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Britain’s high streets, historically the backbone of our economy, are in trouble – you only have to open a newspaper or switch on the news to be faced with this fact. Retail stalwarts including Mothercare, M&S and Homebase have been hitting the headlines for all the wrong reasons, as they struggle to keep consumers interested.…
Read moreOmnichannel contact centre technology specialist Noble Systems has announced that it has opened a new London office alongside confirmation of a number of new appointments. Noble welcomed James Riley, VP Sales & Marketing EMEA & India, who joined at the end of last year, bringing with him extensive experience in company growth and expansion. In addition,…
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The Information Commissioner’s Office (ICO) has issued credit reference agency Equifax with a £500,000 fine for failing to protect the personal information of up to 15 million UK citizens during a cyber attack in 2017. The incident, which happened between 13 May and 30 July 2017 in the US, affected 146 million customers globally. The…
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