The finalists for the third annual Credit & Collections Technology Awards, the UK’s celebration of tech innovators in credit and collections, have been revealed. The Credit & Collections Technology Awards, organised by Credit Connect and hosted at the Credit Services Association’s UK Credit and Collections Conference, brings together credit and collections technology executives to honour the industry’s…

Latest figures from the Insolvency Service have shown that the number of individuals entering a personal insolvency procedure has increased and shows few signs of slowing as the rolling 12-month insolvency continues to rise, representing the highest Quarter 2 (Q2) figure since 2010. following an 8 year high in Q4 2018. This was driven by…

The Civil Enforcement Association (CIVEA), which represents all the major civil enforcement agencies along with a number of independents, is to host a conference on Thursday, 19th September at Banking Hall, Cornhill, London. The one-day event will include a conference and exhibition and will be free to delegates drawn primarily from local authorities. A capacity…

RSM is predicting that official figures, due to be published next Tuesday, will show a 9 per cent rise in personal insolvency rates in England and Wales in quarter two when compared to the same quarter last year. The data from Tracker, RSM’s early online warning system, predicts that total insolvencies for the quarter will reach…

£10.5 billion was spent on credit card purchases in June 2019 according to the latest figures from UK Finance. Credit card spending was 1.1 per cent higher than the same month in 2018  whilst the outstanding level of credit card borrowing grew by 4.0 per cent in the 12 months to June. Repayments have remained…

The number of County Court judgments (CCJs) issued against consumers in England and Wales in the first half of 2019 rose just three per cent, to 586,765, compared to the same period of 2018, according to latest figures released by Registry Trust. First half-year judgment numbers were rising every year since 2012’s record HY1 low…

The number of personal insolvencies (bankruptcies and protected trust deeds) in Scotland rose by 7% in April-June 2019 compared with the previous quarter (January-March 2019), and rose by 9% compared with the same quarter the previous year (April-June 2018) according to latest Accountant in Bankruptcy (AiB) statistics. The figures showed that there were 3,520 personal…

The government has announced that it will become compulsory for High Court Enforcement Agents and certificated enforcement agents to wear body-worn cameras. The Government says that while the vast majority act professionally and within the rules, there are concerns that some bailiffs continue to employ intimidating tactics that put both themselves and often vulnerable consumers…

Enforcement agency Bristow & Sutor has hailed the impact of the Independent Advisory Panel it has established to oversee its operations and challenge all aspects of the business to meet the highest standards of ethics and compliance. Established in September 2018, the Panel is chaired by industry expert, Anthony Sharp, who is joined by four…

Nearly a third of tenants are struggling to afford their rent according to new data published by the Government’s English Housing Survey. The study has found that 29 per cent of tenants in the private sector surveyed in 2017/18 said they found it “fairly difficult” or “very difficult” to pay their rent. The remaining 71…