Credit, Collections & Insolvency News
Consumer confidence in the housing market remains strong according to the Building Societies Association’s (BSA) latest Property Tracker survey. The survey showed that there is a growing expectation that house prices will rise, with half of the respondents (50%) expecting further price increases in the next 12 months. This compares to just a quarter of…
Read more
Water companies must improve the way they engage with their customers to ensure those that are struggling most to afford their water bills don’t miss out on support according to The Consumer Council for Water (CCWater), a statutory consumer body for the water industry. The Consumer Council for Water’s (CCW) annual Water Matters study found…
Read more
Over one in ten (13%) (equating to 377,000 people nationwide) single-parent household saw their debt increase in lockdown, almost three times as many as those in households without children (5%) according to new research by comparethemarket.com. The research showed that during the second national lockdown, 39% of single parents were concerned over their ability to pay…
Read more
Nearly one-fifth of consumers have experienced credit or debit card fraud with an increase of fraudulent activity being reported during the pandemic, according to research by Lowell. The research showed that despite nearly three-quarters of consumers (74%) believing that they would not give out any details to someone claiming to be from their bank, nearly…
Read more
Credit Connect’s hosted its first-ever Online Commercial Credit & Collections Conference last week which saw trade credit, insolvency, business change and technology discussed by eighteen leading credit, collections and insolvency professionals. Commenting on the event, event panel speaker Liam Bell. Director at Memery Crystal said “As a solicitor, it is easy to get caught up…
Read more