Credit, Collections & Insolvency News
The ONS has released new statistics charting 50 years of housing change patterns between 1961 and 2011. The report showed that in 1961, only 42% of households owned their own home, and in several parts of London fewer than 10% did. By 2011, 64% of people owned their own home, and the area with the…
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Interpath Advisory has announced that it has appointed consumer market and retail specialist Christine Cross as a Special Advisor for the business. Formerly KPMG’s Restructuring practice, Interpath is an independent financial advisory business with a broad range of specialisms that helps organisations facing challenge or opportunity to navigate what’s next. As an independent business advisor,…
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Equifax has announced that it is teaming up with credit builder app, Bits, to allow its customers to report their monthly rent payments on their credit files, improving their credit score and making it easier to buy their own homes in future. Equifax says that the collaboration commitment to ensuring the credit system is fair…
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Energy supplier Hub Energy has ceased trading. Energy regulator Ofgem, the outstanding credit balances of the company’s 6,000 domestic customers and 9,000 non-domestic customers will be protected and a new supplier found. Ofgem will choose a new supplier to take on all of Hub Energy’s customers. This supplier will contact these customers shortly after being…
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