Credit, Collections & Insolvency News
Online budgeting tool, IE Hub has announced that it has signed partnerships with four major Welsh Credit Unions with funding for the initiative has been provided largely through Welsh Government via its financial and Digital Inclusion initiative. Rhyl-based Cambrian Credit Union, Gateway which services Monmouthshire and Torfaen local authority areas, as well as Merthyr Credit…
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Yorkshire-based debt management provider, Lantern, has partnered with StepChange to support Debt Awareness Week (DAW) after research from the debt charity found the cost-of-living crisis continues to exacerbate consumers’ financial situations. DAW is StepChange’s annual flagship consumer campaign, which began this week and will run until Sunday, 30th March. The campaign comes after StepChange supported over…
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StepChange Debt Charity has revealed its new five-year organisational strategy. The strategy reflects a year of working with stakeholders and service users to define a clear theory of change and identify how best to progress the charity’s vision of a society free from problem debt. Notable changes over the coming five years include a shift…
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Debt resolution specialist InDebted has announced that it has expanded into the United Arab Emirates (UAE). InDebted partners with high-growth fintechs such as Klarna to provide their customers with empathetic, personalised repayment solutions, addressing the demand for modern alternatives to traditional collections approaches. Josh Foreman, Founder & CEO of InDebted, said “InDebted’s expansion into the…
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Money Wellness has announced that it has launched a free household bills calculator to help households prepare for April bill increases with households set to see essential bills rise on average by around £660 a year on 1st April. The tool will let users input their current household expenses to receive a personalised forecast showing price…
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financial SaaS solutions provider, Aryza has announced several appointments as the company continues to expand its product and sales teams. Laura Dale Gough has been appointed as Business Development Director, Legal, Insolvency, and Collections, where she will focus on fostering strategic relationships and enhancing Aryza’s offerings in these critical areass. Dermot O’Brien steps into the…
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Online budgeting tool IE Hub has revealed a new partnership with Make Life Better, a UK company that supports people who need financial support by helping them to claim benefits owed to them. Bethanie Kennedy, Partnerships Manager at IE Hub, said “We’re really happy to be working alongside Make Life Better. This partnership will make…
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The Money and Mental Health Policy Institute, the charity founded and chaired by Martin Lewis (MoneySavingExpert) has been recommended for ‘super-complainant’ status by the Department for Business and Trade — which will grant it special powers to ensure action on specific consumer harms from regulators. Money and Mental Health will be given the power to…
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The Credit Service Association (CSA), the UK trade body for the debt collection and purchase industry, has appointed Desmond Hudson as its new independent Chair. Hudson’s career spans several high-profile positions, including Chief Executive of the Law Society of England & Wales and the Institute of Chartered Accountants of Scotland. His tenure in these roles…
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IE Hub has announced a new partnership with Welfare Together, an organisation focused on supporting individuals and families struggling with debt. As part of the partnership, IE Hub’s free online budgeting platform will be merged with Welfare Together’s support services, helping individuals take control of their finances with ease. The budgeting tool allows users to…
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Business outsourcing firm, Sigma Connected, which provides contact centre services across the utilities, retail, telecommunications and financial services sectors, has donated 20 laptops they no longer use to The Refugee & Migrant Centre charity. The IT donation, which also includes new replacement hard drives which have been paid for through Sigma Connected’s Community Foundation, will…
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PayPlan has become the first national debt advice provider to be awarded Partner Plus accreditation from the England Illegal Money Lending Team (IMLT) as it became the 100th organisation to officially join the team in its fight against loan sharks. The Partner Plus award is given to an organisation that supports the work of the…
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Personal insolvency provider Carrington Dean has announced that has acquired personal insolvency business, Cleanslate from Interpath. Cleanslate is part of Interpath, an international advisory firm which specialises in the provision of advisory and restructuring services to businesses, their investors and their stakeholders. Carrington Dean is based in Scotland and is part of the Creditfix Group.…
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