Credit, Collections & Insolvency News
Callcredit is partnering with specialist business consultancy, Ctrl-Shift, to interrogate the shifting dynamics in the personal information economy. The collaboration will look to combine Ctrl-Shift’s proven experience and knowledge base with Callcredit’s pedigree in innovation in data application, to explore and highlight practical ways businesses can thrive in a rapidly changing data economy. The announcement…
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Secured and unsecured loans lender provider, The Darwin Group (owner of the Evolution and Progressive Money and brands) has announced a new funding facility of in excess of £75m which supports the Groups objective of becoming a leading consumer finance brand in the UK. Evolution and its sister company Progressive Money, have built up a substantial…
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Intrum Justitia AB has announced that Mikael Ericson will be the Chief Executive Officer (CEO) and President of the combined company once the transaction is completed. Erik Forsberg, the current Chief Financial Officer of Intrum Justitia, will continue as the CFO of the combined company. In November 2016 Nordic Capital Fund VIII, currently, the indirect majority…
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PayPlan has announced the announcement of a New Head of Policy & Partnership. Alistair Chisholm joins the free debt advice provider as Head of Advice Sector Policy & Partnership. The role will see Alistair working alongside the wider PayPlan team and with external partners to enhance current practices to offer even more support to those in…
Read moreArvato Financial Solutions has appointed a new Commercial Director in the UK & Ireland as it targets growth in the Finance & Accounting Business Process Outsourcing (F&A BPO) and debt collection space. Debbie Nolan, who has spent the last four years as Business Development Director in Arvato’s Customer Services business, will move on to its…
Read moreMortgage and Loan Provider JustUs has announced the appointment of a new Chief Operating Officer. Mike Moroney JustUs from Santander where he has spent the last nine years supervising financial advisers throughout the North West of England as part of the FCA Senior Manager regime. Moroney is well known to the JustUs team and the mortgage community at…
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Metro Bank has announced that it has completed the purchase of a portfolio of UK mortgages from Cerberus European Residential Holdings for £596.7 million. All lending in the Portfolio is secured on property, well diversified across the UK, and has a similar credit risk profile to Metro Bank’s current mortgage book. The Portfolio consists of…
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Debt charity Christians Against Poverty has announced that it has been officially authorised by the Financial Conduct Authority (FCA). Chief Executive Officer Matt Barlow said: “We fully support the FCA in its mission to ensure best practice in the industry on behalf of the consumer. It has long been our goal to offer the very…
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Ignition Credit, a UK provider of vehicle and asset finance for SMEs, is continuing to expand with the appointment of three new senior members to its team. With more than 20 years’ experience working in the finance industry both in the UK and internationally, Alan O’Connor has relocated to Cornwall to take up the position…
Read moreTDX Group has announced that it has won the Nottingham Post Business Award for ‘Contribution to the Community.’ The win as thanks to the phenomenal efforts of its 360 employees who, in 2016, raised more than £97,000 for charities in and around the East Midlands. £89,266 of the total amount raised went to its charity…
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The Debt Advisor has announced that the company has secured full authorisation from the Financial Conduct Authority (FCA) to offer full advice and debt solutions including debt management to individuals. Beverley Budsworth, MD and Insolvency Practitioner, who originally set up the business in 1999 said :The business has grown over the years and is proud…
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Noble Systems, has announced that a partnership with Account Technologies, has seen an impressive growth of their contact centre with the Enterprise Cloud platform. Account Technologies were able to unify their solution to ensure streamlining of the management reporting and to offer a simplified improved desktop for their agents to help improve productivity and the agent…
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Mike O’Connor will leave StepChange Debt Charity later this year after leading the organisation as Chief Executive since 2013. As the UK’s largest debt advice charity, the number of people in contact for help each year has grown over the last five years by 62% to 600,000. The charity also tackles the causes of problem…
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