Credit, Collections & Insolvency News
Credit Connect Media will host the latest edition of its Connected News digital free live webinar series on Wednesday 14th July. The webinar titled “Delivering responsible vulnerable communications” will be the latest in the series of webinars looking at the latest thematic innovations enhancing collections strategy. Speakers from Lowell and the Lending Standards Board will…
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Latest Bank of England (BoE) figures show that consumers continued making net repayments of consumer credit in April 2021. The figures show that households collectively made a £377 million net repayment in consumer credit, the repayment figures included credit cards, personal loans and overdrafts. Analysis shows that while people have been making significant net consumer…
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More than half (51%) of people who sought debt advice from a Citizens Advice Bureau wish they had done so sooner according to new data published by Citizens Advice Scotland (CAS). CAS is publishing the data as it launches its ‘Money Advice Matters’ campaign, encouraging people to not delay and seek advice about financial worries,…
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Businesses are increasingly taking a broader view of their purpose so that they serve the interests of all their stakeholders, rather than a sole focus on maximising shareholder value. This has led to a number of major UK employers committing to defining a social purpose, according to research by the Institute of Directors (IOD). In…
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A company claiming to recover debts has been wound-up after making unsolicited approaches to creditors contrary to insolvency law. Global Investigations and Recoveries Limited was wound up in the public interest in the High Court on 17th May 2021 before DDJ Watkin. The Official Receiver has been appointed liquidator of the company. During the proceedings,…
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End-of-life admin service Settld has closed its initial seed funding round with £500,000 of new investment. The investment comes as the death-sector disrupter aims to create waves in the bereavement and death-tech space – automating bereavement notifications and reducing end of life admin stress for grieving families and professionals who support them. Online startup Settld says that it removes…
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