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UK North-South home repossessions gap halves in 2015

Last year but Northern towns still make up nine in 10 repossession postcodes, according to research by chartered surveyor, e.surv.

Financial Conduct Authority (FCA) admits it now takes half a year to get authorised

Average processing times for authorising have been increasing over the past year and (as of the end of March) sat at nearly 25 weeks.

Money Advice launches Vulnerability Guide advising agencies on treating clients in vulnerable situations fairly.

Poor Service results in Protest Debt

Research by Echo Managed Services suggests that consumers are purposely withholding payments as a result of poor customer service or billing issues. Full details of the report can be found here.

FCA approved companies announced so far

Here is a list of credit industry companies approved by the Financial Conduct Authority (FCA) announced so far: Agilsys Burlington London House Wrights Recoveries Myjar Debt Managers Allied Credit Management Akinka CCS collect Spratt Endicott CRS Luna Finance Cash on Go/Peachy.co.uk BW legal Trusted Quid Ferrantum Drydens Fairfax Hilton Baird Uncle Buck Cabot Credit Management Face…

Shopacheck Financial Services merged with Morses Club

Non-Standard Finance acquire Everyday Loans from Secured Trust Bank