Credit, Collections & Insolvency News
The Government has hosted a roundtable with the Financial Conduct Authority (FCA), Martin Lewis of Money Saving Expert and mortgage lenders to discuss what support some mortgage borrowers may need. Following the meeting, mortgage lenders have agreed to take a more consistent and supportive approach to homeowners struggling with the cost of living crisis. Bank…
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New research by Canada Life has found that half of over 55s don’t think their pension will be sufficient to fund their retirement. The research also found that just over a third (2.5 million) of over 55s think they will work beyond their state pension age, whilst nearly a quarter (23%) are not sure how…
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New research by credit management company Lowell has found that one in four consumers are relying on credit cards to fund Christmas this year. The research found that the average adult spent £548 on presents alone. With 55% more consumers feeling the pressure to buy extra this year, it could be questioned if these figures…
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