Credit, Collections & Insolvency News
Enforcement specialist, Just has appointed Will Watson to bolster their dedicated technology team. Watson joins Just as Salesforce Developer. Commenting on joining Just, Watson said, “I am delighted to join the talented and forward-thinking team at Just. The potential of the technology stack here is truly fantastic and I am looking forward to delivering an…
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An analysis of the government loan scheme for struggling small businesses by the National Audit Office (NAO) has suggested that criminals could have stolen more than £1.9 billion from taxpayers. The report also found that the Bounce Back Loan Scheme succeeded in quickly supporting small businesses, but the government faces a potential loss of £15…
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Latest figures from UK Finance have indicated that gross lending of £34.5 billion in the second quarter was, in a single quarter, 50 percent more than the annual total in 2019. Figures also showed that ,more than a million businesses had applications approved for finance under Government schemes by the end of June. Un-utilised overdraft…
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The letters borrowers receive from their lenders when they are seriously behind on repayments will be easier to understand and less intimidating as a result of new rules proposed by the Treasury. Currently, lenders have to comply with a 1970s law that dictates the text of official default notices issued by the banks. Default Notices…
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UK Finance has announced the appointment of David Postings as its new Chief Executive. UK Finance says the decision to appoint Postings has been made with the unanimous support of the board and follows a rigorous recruitment process, led by Sapphire Partners and UK Finance’s nominations committee. Commenting on the appointment, David Postings said “I…
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Specialist mortgage lender United Trust Bank has selected LendingMetrics’ ADP for their automated mortgage decisioning. United Trust Bank is a specialist mortgage lender providing a range of first and second charge products through its panel of approved introducers. The new platform, currently undergoing the bank’s UAT process, augments the expertise of the bank’s underwriters, by…
Read moreEnforcement specialist Just has announced the appointment of High Court Enforcement Officer Peter Watt. Watt joins Just with a wealth of experience from previous executive roles at The Sheriffs Office and Board of the High Court Enforcement Officers Association. He will use the enforcement market integrator to service the writs assigned to him from his network…
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