Irish University calls in Debt Collectors

An Irish university is hiring debt collectors to tackle the growing problem of unpaid student fees.

Payday Loan industry is ‘out of control’

The Citizen’s Advice Bureau is calling on the Office for Fair Trading to immediately ban the payday lenders it says it has evidence of causing harm to borrowers.

Bailiff boom due to Council Tax benefit cuts

Bailiffs are profiting at the expense of struggling families because of cuts to council tax benefits, according to the Citizens Advice service.

Boyband call in administrators in the middle of UK Tour

British Boyband Blue might want to think about adding some extra dates to their comeback tour -after going bust mid tour after increasing pressure from creditors.

Female Insolvencies on the increase

Payday lenders and other expensive credit providers who are 'ruthlessly targeting' young women could be behind the growing proportion of women being declared insolvent.

HMRC issues Tax Credit scam email warning

People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords.

Debt Purchase Group competitor buy out

DEBT purchaser Lowell Group has acquired the Interlacken Group in a move to bring additional strength to the firm.

Armed Police called in to assist Bailiffs in Gloucestershire

ARMED police descended on a Gloucestershire home after residents brandished knives and ball-bearing guns during a forced eviction of a middle-aged woman.

US Investment firm buys UK Debt Collection Agency

Private equity firm AnaCap announced yesterday it had agreed to sell British consumer debt collector Cabot Credit Management (CCM) to U.S. investment firm JC Flowers.

Payday Loans Debt Collection methods drive man to suicide

A father struggling to cope with mounting debts to payday loan companies died after setting himself on fire, an inquest has heard.