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Britons worrying about money every day as more people put Christmas on credit
Wednesday, 06 December 2017
Nearly one in seven Britons (14 percent) are worrying about money every day in the run up to Christmas, with 37 percent putting Christmas costs on credit, according to new research from National Debtline, run by charity the Money Advice Trust. 
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Paradigm announce The Loan Partnership as a preferred specialist lending partner
Wednesday, 06 December 2017
Paradigm Mortgage Services, the mortgage services proposition, has today announced it has added master broker, The Loan Partnership, to its panel as a new preferred specialist lending partner. 
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Leading Scottish businesses show how they are improving opportunities for disabled people
Wednesday, 06 December 2017
At a conference today in Edinburgh, key names in Scottish business, including RBS and VisitScotland, will address the wider business community on innovative ways in which their organisations are addressing the needs of disabled employees and disabled consumers, and the positive impact that it is having on their businesses.
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1098 brokers search Knowledge Bank out of hours as lender numbers exceed a hundred
Wednesday, 06 December 2017
In the three months since September, the number of lenders with criteria on Knowledge Bank has increased to more than one hundred, while the number of criteria has increased by an incredible 10,000, from 18,000 to 28,327.
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Two million stuck in permanent overdraft debt
Wednesday, 06 December 2017
Over two million people in the UK are stuck in a constant cycle of persistent overdraft debt, according to a new report – ‘Stuck in the Red’ - by StepChange Debt Charity. The report also highlights evidence of unaffordable lending in the overdraft market and cases where banks have failed to offer their customers a means to deal with overdraft debt, even when customers have made it clear they are in financial difficulty.  
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Smart Money unveils cross border recruitment plans
Tuesday, 05 December 2017
Specialist finance broker Smart Money has today unveiled plans to recruit a number of advisers and case managers for its Cheshire and Glasgow offices as part of a wider expansion strategy. 
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Millennials out-invest Gen X and Baby Boomers
Monday, 04 December 2017
Millennials aged 18-34 are out-investing Gen X (those aged 35-54) and Baby Boomers (aged over 55) according to a new study by ArchOver, the peer-to-peer (P2P) business lending platform. The report, Next Gen: Investors and Savers, explores the UK’s attitude towards risk and investment in the current climate. The research of 2,000 UK adults revealed that two-thirds (67%) see themselves as savers, using deceptively ‘safe’ banking options like savings accounts and pension funds to sit on their cash. The remaining third (33%) see themselves as investors, using riskier avenues like stocks, shares and property to grow their investments.
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Can a Santa rally be delivered in December?
Monday, 04 December 2017
The S&P 500 has never had a calendar year with positive gains in every month over the last thirty years. So as November has ended in positive territory, a ‘Santa rally’ in December may yet see another market record broken in 2017 (see chart overleaf). 
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Conveyancing Association respond to DCLG
Friday, 01 December 2017
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has issued its response to the DCLG’s call for evidence on whether a new regulatory model is needed for agents in the leasehold sector. 
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CMC Announces Name Change to Katabat
Friday, 01 December 2017
CMC, a leader in customer experience management (CXM) solutions for the consumer credit lending industry, today announced that it has changed its name to Katabat(TM). The name change and rebrand reflect the company's continued evolution and its strategic path forward. Its broader commitment to innovation and solutions beyond debt management is shaping the future of consumer lending relationships. 
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Ethical Lender Street UK Provides Money Saving Alternative as Household Debt Surges
Friday, 01 December 2017
Stagnant wages and increasing inflation means that household budgets are being squeezed, with more families racking up unsecured debt. High, noncompetitive interest rates offered to the most vulnerable families can lead to further pressure and becoming stuck in a cycle of debt. But inclusive, accessible lender Street UK is offering an alternative that on average saves customers £269 against a high cost lender.
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