Credit, Collections & Insolvency News
We get a lot of calls from clients having received letters promising that all their business debt problems will be gone, usually by the way of Company A buying Company B for the nominal sum of £1. As you read further into it there are also fees of £5,000 to pay to handle the process.…
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People’s everyday behaviour is leaving them vulnerable to fraud, according to research from Equifax, the consumer and business insights expert. Equifax’s online survey of over 2,000 people found that nearly three quarters (74%) of consumers carry at least two debit or credit cards in their purse or wallet, and nearly one in four (38%) carry…
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Spending on UK credit cards hit an all-time high in July according to new figures from the trade body for UK banking and financial services UK Finance The figures show credit card spending totalled £12 billion in July – the highest on record, an increase of 8.2% on July 2018. The findings may fuel fears…
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Vehicle leasing company Alphabet has appointed Miles Tetlow as Head of contract management and Hannah Broad as Head of collections. Tetlow, who has worked for Alphabet since 2012, moves from his previous role as head of collections to take up his new role. In his new position, Tetlow will oversee the company’s contract servicing operations…
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