Online news


Longest ever Scottish bankruptcy order handed down 18 April 2012

A 12 year Bankruptcy Restrictions Order (BRO) has been imposed on a Scottish man. _Read full story


Website launched to flag up credit unions 18 April 2012

A website signposting credit unions to social housing residents as an alternative to high interest retailers and loan sharks has gone live._Read full story


Mortgage fraud doubles in five years 18 April 2012

Fraudulent mortgage applications have increased for the fifth year in a row, according to Experian. _Read full story


Rising mobile bills prompt charity call 18 April 2012

Rising smartphone bills have pushed a charity to warn of increased debt among people ordering the latest must have gadgets._Read full story


CapQuest appoints general counsel 17 April 2012

Debt purchaser CapQuest Group has appointed Bill Flynn as Group general counsel. _Read full story


Deloitte’s Mark Golding joins Aktiv Kapital 17 April 2012

Debt purchaser Aktiv Kapital has revealed that Mark Golding is joining its UK Investment team from Deloitte._Read full story


Credit Summit consumer credit debate: Barclays view 17 April 2012

Pre-delinquency is making us an industry leader says Barclays head of retail collections. _Read full story


Credit Summit commercial credit debate: solicitor’s view 17 April 2012

Promoting the work of the credit manager internally in an organisation shouldn’t be overlooked in tough economic times. _Read full story


Credit Summit consumer credit debate: FSA view 17 April 2012

Forbearance has been a watch word for the Financial Services Authority (FSA) and it will feature highly on the agenda at the Credit Summit’s consumer credit debate. _Read full story


Credit Summit commercial credit debate: Deloitte view 17 April 2012

The old image of the credit manager as a “backdoor rottweiler” has been replaced with a consumer friendly industry, according to one insider. _Read full story


More than 700 claims firms shut by MoJ 17 April 2012

A total of 734 claims firms were shut down by the government in the year to March it has been revealed. _Read full story


Atradius expands collections guide 17 April 2012

Atradius Collections has added Russia and Norway to the 6th edition of its International debt Collections Handbook in a move which extends its coverage to 33 countries. _Read full story


TDX wins Anglian Water debt recovery contract 16 April 2012

A three year deal to manage domestic debt accounts for the UK’s geographically largest water company has been won by TDX. _Read full story


Store card debt "unenforceable" 16 April 2012

Some store card debts may be unenforceable after a court dismissed a claim brought against a debtor over a Harrods branded card._Read full story


Lending to all homebuyers up 16 April 2012

Lending to both new home buyers and movers is on the up, according to figures from the Council of Mortgage Lenders (CML). _Read full story


Public recruitment drive for new ASTL CEO 16 April 2012

The Association of Short Term Lenders (ASTL) is publicly recruiting to fill the role of chief executive._Read full story


Bibby to plug £340m NLGS “gap” 16 April 2012

Bibby Financial Services (BFS) is offering businesses it says have been left out of a national loan scheme access to £340m in funding. _Read full story


Gothia buys up Spanish DCA 13 April 2012

Gothia Financial Group has acquired collection agency 'Team 4 Collection' in Madrid, in a move which sees the firm expand its presence in Spain._Read full story


Aktiv snaps up £228m debt portfolio 13 April 2012

Aktiv Kapital has purchased a UK debt portfolio with an anticipated face value of £228m._Read full story


Middle class Scots could be insolvency “slaves” 13 April 2012

Middle class Scots struggling with debt will be treated harsher under proposed changes to bankruptcy laws according to two bodies. _Read full story