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Christmas Shopping Debt
Christmas shopping to leave Brits with four months of debt The average Brit gets into £439 of debt over the Christmas period, which can take four months to recover from. According to debt management company Lowell, more than a fifth (22 per cent) of British consumers are feeling pressure to spend beyond their…
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Buy now pay later: How does it work?
More people are opting to use buy now pay later (BNPL) services for their shopping than last year, according to new data revealed to Panorama. An estimated 15 million adults of all ages in the UK are actively using this form of credit, an increase of more than two million since the start…
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The harsh realities of debt recovery and how to deal with them
If you have ever had to recover an overdue invoice from a difficult customer, you will know all too well know the process is rarely straightforward. This article will cover 3 harsh realities of the debt recovery process and will also provide guidance as to how best deal with such potential issues. Debt…
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Eviction rights explained as notice periods for tenants is slashed
Eviction notice periods are being reduced as notice periods return to pre-pandemic levels. We explain what this means and your rights if you’ve been asked to leave your home. Eviction notices are being slashed as temporary measures in place to protect tenants return to pre-pandemic levels. Extra support was put in place during…
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Which type of businesses usually use a debt collection agency?
Whether it is simply for advice surrounding problem invoices or for an ongoing credit control service, debt collection agencies are used by thousands of businesses of all kinds across the UK. Why do companies use external providers when it comes to debt collection and credit control: Regain time and resource to focus on…
