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All Recent Credit, Collections and Risk News Stories
Phillips & Cohen driving digital transformation and regulatory compliance
Tuesday, 22 August 2017
Phillips & Cohen Associates, Ltd., the deceased account management specialist servicing creditors in the US, Canada, UK, Ireland, Australia, Spain and New Zealand, has moved to strengthen its position as an innovator of digital offerings to consumers.
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SVL Business Solutions Ramps Up Support Team
Tuesday, 22 August 2017
SVL Business Solutions, the UK’s most experienced provider of multimedia interaction recording and advanced contact centre applications, has appointed Catriona Connelly as Support Manager.  Based at the company’s headquarters in East Kilbride, she will be responsible for the day-to-day running of the service desk and support teams to ensure the delivery of outstanding levels of support to users operating in a wide range of market sectors across the UK.
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ASTL appoints new executive committee
Tuesday, 22 August 2017
The Association of Short Term Lenders (ASTL) has today announced its new executive committee for the upcoming year. The new board will take effect as of the 1st September 2017.  The board will continue to comprise seven directors who will act as a guiding influence, while providing direction and decision making to the Association. 
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LEBC warns parents to consider student debt carefully
Tuesday, 22 August 2017
National IFA, LEBC warns parents wanting to help their children avoid student debt to consider carefully whether this is a sound financial move. Depending on whether the potential earnings of the graduate or the career breaks they take within 30 years of graduating, parents with funds to proffer might spend them better on things like a deposit for a house or a car.
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71% of procurement professionals in banking and finance say Brexit uncertainty make plan difficult
Tuesday, 22 August 2017
71% said uncertainty making long-term plans difficult
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Over a thousand members of The Nottingham to receive cash windfalls
Tuesday, 22 August 2017
Over 1500 members of the Nottingham Building Society (The Nottingham) are to receive a share of a £70,000 ‘cash back’ as a reward for making sound financial decisions earlier this year.  
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‘Team Vida’ raises £5,000 for Shelter
Monday, 21 August 2017
A team of eight Vida Homeloans staff members, consisting of David Tweedy, Louisa Sedgwick, Ian Giles, Simon Burnell, Tommy Wight, Plamen Mitkov, Joshua Dines and Dave Whitford, successfully completed the Prudential RideLondon -Surrey100 on 30th July 2017 to raise £5,000 for Shelter.
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BLOG: How “Hard Mark” Credit Checks are Quietly Costing Consumers
Monday, 21 August 2017
It is not unreasonable for consumers to assume that they should be able to assess their eligibility for a loan without damaging their future prospects. The majority of lenders perform hard credit checks on customers when applying for a loan, and as a result are hiking the cost of borrowing for the customers they decline. Sarah Jackson, Director at Equiniti Pancredit, highlights the glitch in the system and explores how lenders can use automation to stay on the right side of their customers. 
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Revealed: the number of Britons relying on credit to pay for unexpected living costs
Monday, 21 August 2017
An overwhelming number of British adults have found themselves unprepared for unexpected costs and have had to rely on friends, family or even credit to pay for them in the past 12 months, according to new research.  
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Mansfield Building Society's later life offer added to AIR Sourcing
Monday, 21 August 2017
Equity Release Club, the distributor for equity release and later life advisers, and AIR Sourcing, the sourcing system for equity release and retirement lending products, have today announced a new relationship with Mansfield Building Society.
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