14th January 2022 - Credit Connect

Soaring energy bills expected to tip more people into hardship

14th January 2022 Arrears and Recoveries | #energy debt

The anticipated £700 increase to the default tariff cap is set to put energy bills as a proportion of benefit levels at a generational high and tip many more into hardship, new research by Citizens Advice has revealed. Citizens Advice is calling on the government to provide a one-off grant this April to support families…

Call for help with millions of older people struggling to afford heating

14th January 2022 Consumer Collections | #energy debt

Charity, Age UK is demanding immediate government action to prevent millions more from falling into fuel poverty. The Charity has written to the Secretaries of State for Business, Energy and Industrial Strategy (Rt Hon Kwasi Kwarteng MP) and for Work and Pensions (Rt Hon Thérèse Coffey MP), published in full below, calling for immediate action…

Lenders report lower borrowing demand

14th January 2022 Consumer Lending | #consumer lending

Lenders have reported a lower borrowing demand at the close of the year according to a new report from the Bank of England (BoE). The quarterly survey of banks and building societies found that demand for secured lending for house purchases fell in the final quarter of last year. The demand for mortgages fell back…

More than a quarter of consumers think they could be losing money due to understanding of financial terminology

14th January 2022 Consumer Collections | #financial education

More than a quarter (27%) of consumers think they could be losing money due to lack of, or insufficient, understanding of financial terminology, according to recent research from Aviva. The insurer also found that women (30%) are more likely to think financial lingo could be losing them money than men (23%). To understand the saving…

Zinc Group announces success of new initiatives

14th January 2022 Arrears and Recoveries |

Recoveries specialist The Zinc Group has announced a solid end to 2021 with the completion of two successful bids in the banking and finance sectors. The company says that the two new contracts follow a successful year that saw several new initiatives across the business in 2021. This included the launch of “Safe-Harbour” Zinc’s vulnerable…

AutoProtect Group appoints Chief Sales and Marketing Officer

14th January 2022 Appointments | #appointments

AutoProtect Group has announced that Mike Edwards has joined the business as Chief Sales and Marketing Officer. Edwards joins with extensive automotive experience from his role at Pendragon where he was Head of Finance & Insurance, and his previous 14-year tenure at Mercedes Benz Retail Group, most latterly as Group Finance & Insurance Manager. Edwards…

Dun & Bradstreet appoints International Chief Marketing Officer

14th January 2022 Appointments | #appointments

Business decisioning data and analytics company, Dun & Bradstreet has announced the appointment of Susan McKay as International Chief Marketing Officer, based in London. McKeay will lead Marketing and Communications for Dun & Bradstreet’s International business, which incorporates the UK and Ireland, European markets, India, China, Hong Kong and Taiwan, as well as the company’s…

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