Credit, Collections & Insolvency News
Credit Connect has announced the shortlist of companies and partnerships for this year’s second annual Credit & Collections Industry Awards. The finalists for this year’s awards consist of 97 entrants (whittled down from over 100 entries) from 73 companies within the shortlist, there are 23 partnerships in the running to win across the 20 categories.…
Read more
President Donald Trump has set out plans for new import taxes on all goods entering the US, with a baseline tariff on all imports of at least 10% and higher rates for countries that the White House described as the ‘worst offenders.’ While goods from the UK are set to face a new 10% tariff,…
Read more
Hoist Finance has announced that it has appointed of Sam Joshi as Commercial Director. Joshi will support the business to grow as it refocuses its operations in the UK to concentrate solely on becoming the country’s premier acquirer of consumer debt portfolios from the banking- and wider lending community. Joshi has a career that spans…
Read more
Latest date from UK Finance has shown that landlord loans came in £9.6 billion over 52,648 cases in the final three months of last year, jumping 47.2% by value and 39.2% by case from a year ago. Average gross buy-to-let rental yields edged up to 7% in the period, compared to 6.74% 12 months ago,…
Read more
Redwood Bank has announced it has appointed Sergio Cruz as Chief Financial Officer (CFO) Cruz joined Redwood in 2018 as Head of Risk, before moving to Director of Risk, Director of Treasury, Chief Treasury and Strategy Officer and ALM, before becoming Deputy CFO. He had previously worked at PWC, One Savings Bank and Amicus Finance.…
Read more