This week the House of Lords will debate an amendment to legislation that would write down the total amount owed by customers on debts sold by banks to debt purchasers
This week the House of Lords will debate an amendment to legislation that would write down the total amount owed by customers on debts sold by banks to debt purchasers
Lenders have now provided more than one million payment deferrals on credit cards and over 700,000 on personal loans, according to new data published today by UK Finance
Credit Strategy is calling for industry reponses to a survey to enable creditors and collections firms to benchmark their transitions since the lockdown
As creditors continue to accelerate operational changes, Credit Strategy is launching a webinar to explore best practice when deploying new technology and analytics in collections – during the pandemic and beyond
A man has pleaded guilty to sending fraudulent text messages linked to Covid-19, after an investigation by a police unit funded by the banking industry
Total personal insolvencies increased eight percent to more than 10,300 during April, compared to the same month last year, driven largely by a near 40 percent surge in IVAs
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Gareth McNab, director of external affairs at Christians Against Poverty, explains why change is needed to ensure that low income households are able to access affordable insolvency solutions
Traditionally, firms have used explicit consent to record customer health issues. Other options exist but, as Credit 500 member and vulnerability expert Chris Fitch notes, they bring their own challenges
Treasury figures show that around 500,000 UK businesses are now using government-guaranteed emergency loans, to the value of £22bn, while eight million jobs have been furloughed
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