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All Recent Credit, Collections and Risk News Stories
Atradius reports that payment default in Eastern Europe is expected to worsen
Thursday, 25 May 2017
Businesses trading with customers in Eastern Europe are being warned to expect a potential increase in payment defaults, reports a new paper by trade credit insurer Atradius.  
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Cabot Credit Management Announces Financial Results for the three months ending 31 March 2017
Thursday, 25 May 2017
Cabot Credit Management (CCM), a market leader in European credit management services, today announced the financial results for the three months ending 31 March 2017.  
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Businesses warned to prepare with one year until data protection law change
Thursday, 25 May 2017
Information Commissioner Elizabeth Denham has today told businesses there’s no time to delay in preparing for “the biggest change to data protection law for a generation”.
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New mobile phone consumer proposition developed with Dixons Carphone
Thursday, 25 May 2017
ThinkSmart Limited (AIM: TSL), a leading provider in the UK of retail point-of-sale lease finance for high-volume small-ticket electronic and commercial equipment, makes the following business update. 
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Premier League clubs owe £1.3million in unpaid invoices
Thursday, 25 May 2017
Data released today in Creditsafe’s Prompt Payment Premier League, has revealed English Premier League Clubs have overdue invoices totalling £1.3million and 20% are late by 20 days or more beyond the agreed payment terms.
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StepChange Debt Charity response to the TUC analysis of household debt
Thursday, 25 May 2017
In response to the publication of the TUC analysis of household debt, Mike O’Connor, Chief Executive of StepChange Debt Charity, said: “What the TUC describes is consistent with what we are seeing. We are also seeing levels of unsecured debt rising for the first time since 2008 and the prospects are worrying. Based on  April 2017 data, we estimate 8.8 million people turned to credit to pay for everyday household expenses over the past year. More than half of these were in employment, 41% in full time work. Stagnant wages and rising inflation  are making more people vulnerable to problem debt.
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Ultimate Finance £14m funding boost to SME constuction businesses
Wednesday, 24 May 2017
Ultimate Finance Group, a leading independent provider of finance to UK business, has now provided £14m of funding to SMEs through its Construction Finance product. This represents year-on-year growth of 75%, as of April 2017. In total, Ultimate Finance Group’s overall lending to SMEs is now £132 million, as it continues its commitment to invest in business growth in the UK.
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Wescot Credit Services on Award Winning High
Wednesday, 24 May 2017
Wescot Credit Services celebrates a recent win at the UK National Contact Centre Awards.
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New IMA chair to push for advanced qualification
Wednesday, 24 May 2017
The new chair of the Institute of Money Advisers (IMA) is calling for the introduction of an advanced qualification to enhance the free-debt advice sector. 
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Q1 2017 sees large increase in development finance enquiries, says First 4 Bridging
Wednesday, 24 May 2017
First 4 Bridging (F4B), the development finance and bridging loan master broker and specialist distributor, has today (24th May 2017) revealed it has seen a significant rise in development finance enquiries in the first quarter of 2017.
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