Credit, Collections & Insolvency News
Broadband bills could be cut for millions of low-income households under Government plans to encourage ‘social tariffs’. A new service, which will go live next week and be run by the Department for Work and Pensions (DWP), will allow internet service providers to verify, with customers’ permission, whether they are in receipt of a relevant…
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The Government would need to find £12 billion simply to achieve what it was aiming to do with the £24 billion package announced in May according to new analysis by the Institute for Fiscal Studies (IFS), funded by the Nuffield Foundation as part of the forthcoming IFS Green Budget. The analysis says that the figures…
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Specialist lender Together has announced the appointment of two new Business Development Managers. Ian Hoggart and Martin Bloe will both be bolstering the group’s regional teams and increasing its footprint across Scotland and South Wales. Their remit will include supporting their existing partners and developing new relationships with brokers, helping to find solutions for their…
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People who say they ‘live for today’ are less likely to have enough cash left over at the end of the month (42%) according to research from Hargreaves Lansdown Savings & Resilience Barometer, produced with Oxford Economics in July 2022. The research has found that they will be hit harder by the cost-of-living crisis too,…
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Trustfolio has announced that it has partnered with Equifax to launch a new feature powered by Open Banking. The new Debt Adviser Support Portal feature will allow advisers to gain instant access to bank transaction data in an income & expenditure-friendly format, mapped to the Standard Financial Statement. Alongside the client credit reports from multiple…
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