Credit, Collections & Insolvency News
Debt advice specialists, PayPlan, have launched a new online resource to help people better manage their relationship and approach to money. The Financial Wellbeing Hub is free for everyone to use and sets out steps to improve your financial education and look after your personal wellbeing. A person’s financial wellbeing is made up of their relationship with…
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Monzo Bank customers can now connect their bank accounts to Experian Boost, giving them the ability to increase their Experian Credit Score instantly for free as a result of a new partnership agreed by the companies. Experian Boost helps consumers improve their credit scores using transactional information like total current account incomings and outgoings, as…
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StepChange Debt Charity has announced the appointment of Chris Wood as a Trustee. Wood has extensive experience in both executive and non-executive roles. He brings with him first-hand expertise in the consumer credit sector with an understanding of its economic and regulatory drivers and, most importantly, a strong belief in the fair treatment of consumers.…
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TransUnion has announced it will continue to support Save the Children as its 2021 charity partner in the UK. Over the past year, TransUnion has taken part in a range of activities to raise much-needed funds for the charity, which have helped make a real difference, for example delivering a day’s worth of food to…
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The Financial Wellness Group has launched Benesse Advice, which will focus on delivering its services via partner organisations, including creditors, housing associations, employers and other businesses. Benesse Advice will work with partners to support those with serious problem debt – including access to free holistic debt advice via phone and digital channels and, where suitable,…
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Shawbrook Bank has announced the acquisition of residential and buy-to-let markets specialist intermediary mortgage business, The Mortgage Lender (TML). Shawbrook, itself a specialist lender to UK SMEs, has agreed to acquire TML for an undisclosed fee in a strategic purchase that provides the Bank with substantial growth opportunities. TML will retain the brand that has…
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The Aryza Group has launched Aryza Annual Review, a new digital solution designed to help IVA providers better manage customer repayment plans. By using either Open Banking data or inputting the information manually, customers can conduct a full review of their monthly income and expenditure from their mobile device, tablet or desktop computer, with the…
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The Aryza Group has announced the acquisition of HubSolv. The companies says that the acquisition will significantly strengthen Aryza’s already dominant position within the financial services and insolvency market. Aryza incorporates technology such as Open Banking and AI-informed decision making to seamlessly automate the financial restructuring and recovery journey. HubSolv has developed a suite of…
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Hodge Bank has announced a number of changes to its mortgage team. As part of the changes, Ryan Davies has been appointed as the Managing Director of Mortgages, after having held the role on an interim basis since March 2020. Before taking on the role of MD of Mortgages, Ryan Davies has held various roles…
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Global information and insights provider TransUnion has appointed two Non-Executive Directors (NEDs) to its UK board. In their new roles, Margot Cronin, who will act as chair, and Jonathan Baum will promote the long-term sustainable success of the company, providing constructive challenge, strategic guidance and specialist advice to the UK board and management executives. Cronin…
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Loans Warehouse has announced a charity fitness challenge in support of charity New Hope. Every year, the specialist broker, sets its directors, staff and supporters in the industry a fitness challenge in January to counter the excesses of Christmas’s conspicuous consumption in support of a chosen charity. This year’s charity is New Hope which provides…
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Specialist lender Together has hired a highly-experienced industry professional as a Regional Account Manager for the North. James Briggs, who has worked in the specialist market for more than two decades, brings a wealth of knowledge of the industry to his new role, which begins this week. Previously, he has held senior positions for specialist…
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Loans Warehouse has announced that it has appointed Greg Chase to its Short Term Finance team. Chase will be tasked with further expanding the specialist brokers bridging proposition – an area that Loans Warehouse has been bolstering over recent months. Most recently Chase was a broker, specialising in commercial and bridging finance, with the Commercial…
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