Debt call expected every 4 minutes at MaPS

14th January 2020 Consumer Collections |

Helplines for people with money worries are gearing up for one of the busiest times of the year, with a call about debt expected every four minutes throughout January at the according to the Money and Pensions Service (MaPS). Last year, nearly 3,500 debt calls were made to the free Money Advice Service (MAS) helpline…

Read more

INSOLVENCY NOTICES: Appointment of Administrators – December 2019

14th January 2020 Commercial Credit Management |

In December, the following administration notices have been issued and advertised in the London Gazette for the following companies: 151617 LTD ACEGOLD LTD ACORN SCAFFOLDING (YORKSHIRE) LTD ACTIVE SECURITIES LTD ADDITION MANUFACTURING TECHNOLOGIES U.K. LTD AG RETAIL CARDS LTD AKAAL CONSTRUCTION LTD ALEXANDER WADDINGTON LTD ALPINE WINDOW AND DOOR SYSTEMS LTD AMG ELECTRONICS LTD AQUAFLAME…

Read more

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – December 2019

14th January 2020 Commercial Credit Management |

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in December: 06 ZOO LTD 1ST SAXON COMMERCIAL LTD 2020 BUSINESS SOLUTIONS LTD 29 BLACK LTD 360 GSP COLLEGE LTD 360 GSP HOLDINGS LTD 360 GSP LTD 3TL (MIDLANDS) LTD 431 SMITHDOWN ROAD LTD 50 HALE…

Read more

INSOLVENCY NOTICES: Winding Up Petitions – December 2019

14th January 2020 Commercial Credit Management |

In December, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1ST PLATINUM INVESTMENTS LTD 78 MCT LTD ABFIT LTD ABR RESCUE LTD ABSOLUTE CONTRACT CLEANERS LTD ACE BUILDINGS AND MAINTENANCE SERVICES LTD ACORN EAST ANGLIA LTD ACTWELL INC LTD ADEPT FULFILMENT LTD ADVANCED CONSTRUCTION AND MASONRY…

Read more

APP fraud victims face £3bn compensation shortfall

14th January 2020 Consumer Collections |

Victims of Authorised Push Payment (APP) fraud face a £3 billion shortfall in compensation according to new Fraud Tracker figures from secure payments solution Shieldpay. Some 4.2 million1 people in the UK have been caught out by scammers at some point in their life through APP fraud. APP fraud happens when someone is tricked into…

Read more

LendInvest promotes Senior Executive to CEO

14th January 2020 Commercial Credit Management |

Property finance specialist LendInvest has announced that its Co-Founder and Chief Executive Officer (CEO), Christian Faes, is handing over day-to-day management of the business to a long-serving member of the management team. Rod Lockhart will become the CEO of LendInvest and joins the company’s Board of Directors. Faes, who co-founded LendInvest in 2008, remains fully…

Read more

Money Advice Scotland and Experian announce debt advice partnership

14th January 2020 Consumer Collections |

Money Advice Scotland is piloting open banking technology from Experian which could help them to speed up the initial stages of debt advice.  The money charity’s new webchat service uses Experian’s open banking tool, the Affordability Passport, to gather crucial income and expenditure data, as well as a statement of consumer credit debts. It takes…

Read more

NACFB launches first ever Commercial Broker Awards

14th January 2020 Commercial Credit Management |

National Association of Commercial Finance Brokers (NACFB) announces the launch of its inaugural Commercial Broker Awards. The awards ceremony will be hosted at Edgbaston Cricket Ground in Birmingham on Thursday 23rd April 2020, where the winners of each award category will be announced. The events will see fourteen award categories from which NACFB brokers can…

Read more

Acquired.com awarded PISP Accreditation by the FCA

14th January 2020 Consumer Collections |

Payments technology company Acquired.com have been granted full PISP (Payment Initiation Service Provider) accreditation by the Financial Conduct Authority (FCA). The exciting milestone will allow Acquired.com’s clients to access ledger to ledger payment capabilities, providing them with real time direct transfers without the costs, delays and administration associated with traditional processes via card schemes and…

Read more

Gambling on credit cards to be banned

14th January 2020 Consumer Collections |

The Gambling Commission has announced a ban on gambling businesses allowing consumers to use credit cards to gamble. The ban, which comes into effect on 14 April, follows the Commission’s review of online gambling and the Government’s Review of Gaming Machines and Social Responsibility Measures. A public consultation was carried out between August and November 2019. Twenty-four…

Read more