Credit, Collections & Insolvency News
With 30 days until the October 31 Brexit deadline, the number of Brits saying they have put off a big financial decision has risen to one in five (19 per cent) – equal to ten million people. The major outgoings currently on ice for one in five people include booking a holiday (38 per cent…
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The Bank of England has released its latest Money and Credit statistics which show that net consumer credit fell to £0.9 billion in August, slightly below the average of the past year. The statistics also showed that the number of mortgage approvals for house purchase fell to 65,500 in August, down from the 18 month…
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Growth and funding ambitions have strengthened amongst SMEs over the course of 2019, according to the latest report by Independent Growth Finance (IGF), the leading independent asset-based lender. Almost three quarters (73%) expect to see their revenues climb in the next 12 months, compared to 69 percent at the start of the year. Of those…
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The Credit Services Association (CSA) the trade body representing the debt collection industry has launched #heretohelp, a campaign designed to encourage customers to actively engage with its members at the earliest opportunity. Poor and misleading advice on the internet, that can often make matters worse and not better for the customer. With the support of…
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The 2019 Open Banking Expo will be held on Wednesday, 13th November 2019 at etc. venues near St Paul’s Cathedral in London. More than 400 senior executives are expected to attend. The Open Banking Expo brings together the innovators, disruptors and visionaries who will shape the future of Open Banking. Leaders and experts from financial…
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