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FCA issues warning against Debt Collection firm
A warning has been issued by the Financial Conduct Authority (FCA) against an unregulated Debt Collection Agency targeting UK consumers.
The FCA stated, “Max Montgomerie...
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630,000 UK Companies facing Insolvency
Around 630,000 businesses were experiencing significant financial distress in the last quarter of 2020, ahead of the current lockdown, according to research by the...
Millions of pounds going unpaid in rent arrears
is is now estimated that over Half a million private renters in the UK are behind on their rent. This information is according to...
Watchdog asks for help with Debt Collection guidance
The Financial conduct authority has asked banks, lenders and debt collectors for advice on how to deal with the fall out from emergency Covid-19...
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POPULAR ARTICLES
Bailiffs repossess ‘worst cafe on earth’
A Cafe which became famous for all the wrong reasons due to a stream of negative reviews on consumer review website Trip Advisor has...
HMCTS seeking Debt Collectors to recover 1.8bn
Nearly £2 billion in court fines and confiscation orders remains unpaid, new figures have shown, while the Government has admitted it needs to do more to tackle the debt with the usage of Debt Collectors.
FSA CEO to Step Down From Role
The Chief Executive Officer of the Financial Services Authority is to leave the organisation in June of 2012.
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‘Bailiffs used over 1.8m times in the past 12 months’ says...
Local councils have called in bailiffs an "excessive" 1.8m times in the last year to collect debts on their behalf
