Credit, Collections & Insolvency News
A Freedom of Information request to Thanet District Council has revealed the total value of unpaid council tax debt owed in the district up to the end of the 2022-2023 financial year is a £23,202,000. The figure has built up over the past 30 years, since the charge was first introduced, and includes £2 million…
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A group of criminals have been sentenced after they conspired to obtain 42 fraudulent loan applications, leading to a loss of approximately £1 million to a UK bank following an investigation and arrest by a specialist banking industry-sponsored police unit, the Dedicated Card and Payment Crime Unit (DCPCU). Married couple Cebrail and Munube Polat, of…
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Almost four in ten (39%) households with children at home are not confident that they will be able to afford their energy bills over the next six months, according to Compare the Market’s latest Household Financial Confidence Tracker. This compares with just below one fifth (18%) of those households without children at home. Concern over…
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Plans to ban cold calls for financial products such as sham cryptocurrency schemes, mortgages and insurance have been set out with the launch of a consultation, marking the next step in delivering the Government’s Fraud Strategy. The eight-week consultation will cover proposals to ban cold calls offering any financial products to clamp down on fraudsters…
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