Over half of businesses in need of cash to survive

Over half (54%) of SME businesses need cash to survive with over half are banking on the Recovery Loan Scheme according to new research by Purbeck Personal Guarantee Insurance. The survey of 1000 SME business owners and directors has found that over half will seek new finance in 2021. 54% of these businesses plan to…

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Third of consumers say they have been targeted by digital fraud

6th May 2021 Consumer Collections |

New research from TransUnion has found that a third (33%) of consumers say they have been targeted in a digital fraud attempt related to Covid-19 in the last three months, though just 4% fell victim to the scams. The report says that this represents a steady increase from when the pandemic began, with just under…

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Parents aren’t prepared for their family inheriting a headache

6th May 2021 Consumer Collections |

New research has found that most parents aren’t prepared for the worst and that their families could inherit a headache. The research by Hargreaves Lansdown has found that only two in five people are certain their parents have a will (42%) and that just one in five (17%) say their parents have a lasting power…

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Under 35s keen to prove creditworthiness and share open banking data

6th May 2021 Consumer Collections |

Younger people’s finances have been hit hardest by the pandemic, and they are increasingly willing to securely share their bank transaction data to get access to financial products that can help them weather the storm, according to the latest findings from Credit Kudos’ Borrowing Index. The research found that Under 35s are three times more…

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