Credit, Collections & Insolvency News
Spring optimism saw households spend more on the things they want in March as year-on-year essential costs began to fall, Nationwide’s Spending Report shows. The situation, likely aided by warmer weather and stabilising costs, saw discretionary spend increase across gardening, meals out and holidays at the same time costs reduced across areas including debt, utilities…
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Nottingham Building Society has announced that it has appointed Maxine Davenport as Head of Underwriting. Davenport has over 20 years of experience in mortgage underwriting, product lifecycle management and operational risk environments and was most recently product and business manager at Aldermore Bank. Prior to her time at Aldermore, she worked in underwriting at the…
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The number of people in full-time work, including those in jobs such as nursing, have increasingly been asking for advice on debt according to a new report from StepChange Debt Charity. The research has found that one in five (21%) StepChange clients in full-time employment are in a negative budget – meaning their expenditure exceeds…
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Last year, fraud in banking and finance cost the UK over £1 billion, with more than £2,300 being fraudulently obtained every minute. The many forms of fraud account for over 40% of all crime in England and Wales. The UK government has stated that there needs to be a focus on stopping fraud at its…
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