Category: UK debt

  • What Is Debt Tracing and How Does It Work in the UK?

    Chasing an unpaid invoice is difficult enough when someone isn’t answering the phone. It becomes a different problem altogether when you no longer know where they are. Perhaps a letter has been returned because they’ve moved. A business may have stopped trading from the address you have on file, or the contact details you’ve used…

  • What Is Tracing in Debt Collection?

    When it comes to recovering debt, one of the hardest parts isn’t always chasing the payment—it’s actually finding the person who owes it. People move house, change jobs, or simply stop responding, and before you know it, you’re left with no way of contacting them. It can be frustrating for any business, especially when the…

  • Cost of living increase

    A recent article rom the BBC has suggested that millions now have no savings as prices soar A quarter of UK adults have less than £100 set aside in savings, a survey suggests, leaving them vulnerable to rising and unexpected bills. The lack of a financial safety net means many have to borrow money to…