http://www.credittoday.co.uk/ Credit Today Online news en-us Copyright Athene Publishing Limited 2012 Sat, 04 Feb 2012 08:08:21 +0000 http://www.credittoday.co.uk/static/images/ct/feed-logo.jpg http://www.credittoday.co.uk The sale and rent back (SRB) market has been temporarily shut down and slammed for widespread poor practice by its own regulator. http://www.credittoday.co.uk/article/13369/online-news/sale-and-rent-back-market-shut Fri, 03 Feb 2012 00:00:00 +0000 Norman Lamb MP has taken on responsibility for insolvency and consumer affairs after Ed Davey moved to the post of Energy secretary. http://www.credittoday.co.uk/article/13374/online-news/lamb-assumes-daveys-role Fri, 03 Feb 2012 00:00:00 +0000 A tender for bailiff services worth up to £1.5m in fees has been issued by the UK borough of Burton upon Trent. http://www.credittoday.co.uk/article/13345/online-news/borough-issues-enforcement-tender Tue, 31 Jan 2012 00:00:00 +0000 Talks have broken down over a merger between law firms DWF and Cobbetts due to uncertainty over market conditions. http://www.credittoday.co.uk/article/13358/online-news/no-merger-for-incasso-and-dwf Thu, 02 Feb 2012 00:00:00 +0000 Contract terms are still regularly unfair to consumers, despite the vast amount of information published on the subject, the financial watchdog has said. http://www.credittoday.co.uk/article/13348/online-news/fsa-warning-on-unfair-terms Tue, 31 Jan 2012 00:00:00 +0000 The Ministry of Justice (MoJ) has concluded a pilot scheme in which three debt collection agencies were employed to pursue £602m of unpaid court fines. http://www.credittoday.co.uk/article/13361/online-news/moj-concludes-dca-pilot Thu, 02 Feb 2012 00:00:00 +0000 Funding for the Money Advice Service (MAS) will almost double to £86.8m for 2012/13 if proposals released today by the Financial Services Authority (FSA) are enacted. http://www.credittoday.co.uk/article/13366/online-news/mas-annual-budget-set-to-almost-double Thu, 02 Feb 2012 00:00:00 +0000 BCW Group has acquired utilities debt collection firm Utility Management Services (UMS) for an undisclosed sum. http://www.credittoday.co.uk/article/13371/online-news/bcw-group-acquires-ums Fri, 03 Feb 2012 00:00:00 +0000 Alternative lender borro has struck a deal to partner with brokerage firm Corporate Advances. http://www.credittoday.co.uk/article/13359/online-news/borro-teams-up-with-commercial-brokerage Thu, 02 Feb 2012 00:00:00 +0000 A three year tender for parking enforcement services has been issued by the Queen Elizabeth Hospital King's Lynn NHS Foundation Trust. http://www.credittoday.co.uk/article/13360/online-news/nhs-trust-issues-parking-enforcement-tender Thu, 02 Feb 2012 00:00:00 +0000 Short-term lenders must restrict the number of times they allow a loan to be rolled over to three, according to guidelines issued today. http://www.credittoday.co.uk/article/13355/online-news/guidelines-issued-for-short-term-lenders Wed, 01 Feb 2012 00:00:00 +0000 Water debt problems have rocketed by 432% since 2006 as more consumers struggle with household expenses, a charity has revealed. http://www.credittoday.co.uk/article/13346/online-news/charity-warns-on-water-debts Tue, 31 Jan 2012 00:00:00 +0000 The Bridgman group, parent company of enforcement firm Marston Group, has made an investment in the High Court enforcement arm of CW Harrison & Son. http://www.credittoday.co.uk/article/13351/online-news/bridgman-group-invests-in-cw-harrison Tue, 31 Jan 2012 00:00:00 +0000 Claims management firms are now handling more than three quarters of compensation claims for victims of mis-sold Payment Protection Insurance (PPI), figures have revealed. http://www.credittoday.co.uk/article/13339/online-news/fscs-claims-management-warning Mon, 30 Jan 2012 00:00:00 +0000 Christine Sharples has joined enforcement firm Rossendales as compliance manager. http://www.credittoday.co.uk/article/13340/online-news/moj-policy-head-joins-rossendales Mon, 30 Jan 2012 00:00:00 +0000 Payday lenders are facing a barrage of new guidelines to adhere to as both the Finance and Leasing Association and the Consumer Finance Association gear up to launch codes of practice for the industry. http://www.credittoday.co.uk/article/13343/online-news/payday-lenders-face-new-guidelines Mon, 30 Jan 2012 00:00:00 +0000 Overall fraud levels reached their highest level on record in 2011 after rocketing 9% from the figure recorded in 2010, CIFAS has revealed. http://www.credittoday.co.uk/article/13334/online-news/fraud-levels-hit-record-high Fri, 27 Jan 2012 00:00:00 +0000 Consumer credit regulation will be transferred from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) after the Financial Services Bill is enacted, the government has announced. http://www.credittoday.co.uk/article/13337/online-news/fca-to-regulate-consumer-credit Fri, 27 Jan 2012 00:00:00 +0000 No changes will be made to the pre-packaged administration regime despite concerns over the transparency of the system, the government has announced. http://www.credittoday.co.uk/article/13327/online-news/davey-backs-down-on-pre-packs Thu, 26 Jan 2012 00:00:00 +0000 The average UK family debt has rocketed by 48% in one year without mortgages being taken into account, according to Aviva. http://www.credittoday.co.uk/article/13319/online-news/average-uk-family-debt-rockets- Wed, 25 Jan 2012 00:00:00 +0000