Credit, Collections & Insolvency News
Provident Financial has reported an adjusted ongoing pre-tax profit of £63.5 million for the six months ended 30th June 2021. The results included its Consumer Credit Division (CCD) which is being closed down. Losses from CCD, the Group generated a statutory loss before tax of £44.2 million for the period. Total revenue was £316.7m (2020…
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Interpath Advisory has announced that it has appointed Ben Smith as a director in its growing debt advisory team. Smith joins Interpath Advisory from Bibby Financial Services (BFS), where he led BFS’ corporate sales team to deliver a range of asset-based lending solutions through its intermediary network to UK SMEs. Smith joins Interpath’s debt ddvisory…
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Over two in five vulnerable customers feel that they have been unfairly treated by organisations in the last 12 months according to new research Vulnerability Registration Service (VRS), The findings in the research suggest that 17.7 million consumers consider themselves vulnerable with 34% of the UK population, with 13.1 million (25%) people saying they have…
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