17th July 2024 - Credit Connect

Third of renters leave valuables at risk with no insurance

17th July 2024 Consumer Lending | #home insurance

New research conducted by Co-op Insurance has revealed the potentially large financial risk facing renters, as almost one in three admit to not having any form of insurance for their valuables, while a further one in ten said they simply ‘didn’t know’ when asked if they had cover. The survey of renters, conducted by Co-op Insurance,…

Call for more investment in bereavement support

17th July 2024 Consumer Collections | #bereavement #debt support

The Estate Registry (TER) and its bereavement services, NotifyNow and Settld, have backed charity calls for Keir Starmer’s new Labour government to invest heavily in end-of-life care and bereavement support services. The charities, Sue Ryder, Hospice UK, Marie Curie, the National Bereavement Alliance and Together for Short Lives are among those leading calls for the UK…

Regular savers more likely to own their home and have lower debts

17th July 2024 Consumer Lending | #savings

A report from UK Savings Week shows that having a regular savings habit can help protect individuals and families from financial shocks, increase their chances of achieving long-term life goals, and generally improve their mental wellbeing. UK Savings Week, an annual campaign aimed at getting people engaged in the benefits of saving, commissioned the University of…

Business confidence grows as one in five secures growth funding

17th July 2024 Alternative Business Lending | #business growth

More small businesses applied for finance to support growth initiatives in Quarter 2 (Q2) 2024, with funding released at more than at any other time in the past three years according to the latest analysis by Purbeck Insurance Services. The data showed that 19% of small business owners securing personal guarantee-backed loans in Q2 were…

Three quarters of Gen Z participate in social media-driven savings challenges

17th July 2024 Consumer Lending | #savings

Social media may be inspiring a new generation of savvy savers and fiscally responsible young adults, with 74% of Gen Z participating in social media-driven challenges to boost their overall savings according to research by NatWest Savings Index. In comparison to other age groups, Gen Z are the most likely of any generation to budget.…

GDS Link and Capital on Tap renew partnership

17th July 2024 Commercial Credit Management | #business partnership

GDS Link has announced it has renewed a multi-year deal with Capital on Tap to utilise its decisioning platform to support and complement Capital on Tap’s proprietary risk models across its UK and US business. Since its launch in 2012, Capital on Tap has served over 200,000 small business customers, facilitating over £10 billion in…

Just Mortgages promotes Sales Director

17th July 2024 Appointments |

Broker, Just Mortgages has announced the promotion of Mortgage Manager Tara Panayi to the role of Divisional Sales Director. In her new role, Panayi will leverage her expertise and experience to oversee and support both new and existing advisers in her region. Collaborating with the financial services directors and the senior management team, Tara will…

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