CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow StepChange Debt Charity response to Inflation Report
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
StepChange Debt Charity response to Inflation Report PDF Print E-mail
Friday, 12 May 2017
In response to the Bank of England’s Inflation Report, Peter Tutton, Head of Policy at StepChange Debt Charity, said:  “Despite the small slow-down in consumer credit growth, it remains high at over 10% and existing levels of household debt remain high by historical standards.  

“Households, especially those already struggling financially, face a tough period ahead as real income growth slows and inflation begins to bite. Millions of families are already reliant on credit just to get by and debt advice services are seeing record demand. The risk of problem debt to even more households in the future is a very real one.

“The Prudential Regulatory Authority and the Financial Conduct Authority are conducting reviews into current lending standards and what the impact on financial institutions might be. But it is up to policy makers now to address what rising consumer debt could mean for households. We need to see proposals that will mean fewer people fall into problem debt and that problem debt is less harmful when it does strike.”
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197