22nd August 2023 - Credit Connect

Two fifths of younger adults expect to be retired by 60

22nd August 2023 Consumer Collections | #pension #retired

Two-fifths (38%) of adults under 35 years of age say that they don’t plan to work beyond age 60 according to new research by Royal London. Royal London says that despite many workers starting to save earlier as a result of auto-enrolment, future generations have a mismatch between expectations and reality as far as the…

Everyday People Financial acquire Pastdue Credit Solutions

22nd August 2023 Company News | #mergers debt collection agency

Everyday People Financial, a Canadian-based financial services company, has announced that its subsidiary, BPO Collections has agreed to acquire Pastdue Credit Solutions. Debt collection agency Pastdue Credit Solutions was founded in 2005 its clients include energy, water, telecoms, and financial service providers, as well as providing services to government departments. Barret Reykdal, CEO of Everyday People…

13 million homes didn’t turn on heating when cold last winter

22nd August 2023 Arrears and Recoveries | #energy bills

Almost half of households (46%) equating to 13 million consumers did not switch on their heating during cold snaps last winter in an attempt to save on their energy bills as the cost of gas and electricity soared new research by Which? has found. Almost nine in ten households (85%) tried to cut back on…

45,579 firms in the North West facing significant financial distress

22nd August 2023 Commercial Collections and Recoveries | #business risk

New data from Begbies Traynor has revealed that there has been an increase in the number of North West firms faceing significant financial distress as inflation and interest rates bite. In Quarter 2 of 2023, the number of firms in the North West operating in ‘significant’ financial distress was 45,579 according to the research. This is…

Pepper Advantage appoints Director of People

22nd August 2023 Appointments |

Global lending loan servicing and credit data company, Pepper Advantage has appointed Holly Stewart as Director of People. Stewart brings more than ten years of human resources experience, with a focus on technology and financial services, most recently at Shutterstock as a HRBP Director for Global Technology and Data. She led the talent transformation for…

Perch Group launches new company Verify

22nd August 2023 Company News |

Debt purchase, collections and litigation specialist Perch Group has announced that launched a new company designed to offer clients in the utilities, financial services, and other specialist sectors a different approach to customer verification and reconnection. The new company will be called Verify and is headed up by Managing Director Gary Jones and Karl Humphries…

Hodge appoints Retail Managing Director

22nd August 2023 Appointments |

Hodge Bank has announced that it has appointed Christie Cook joins Managing Director of Retail. Cook has extensive experience in the mortgage market, and is the former Head of Mortgages at Nottingham Building Society, she has also occupied head of product roles with Glenhawk Financial Services and the Bank of Ireland, as well as being…

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