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1 in 10 ‘buy now, pay later’ shoppers chased by debt collectors
One in 10 shoppers who use buy now pay later have been chased by debt collectors, according to Citizens Advice. In February the Treasury said services would become a regulated activity policed by the Financial Conduct Authority. Regulators have been urged to crack down on ‘buy now, pay later’ firms after a damning report revealed…
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Get help with recovering a debt owed to your business
Get help with recovering a debt owed to your business Every business is likely to face cash flow and debt challenges at some point. Our debt recovery services can provide effective solutions using a proven combination of highly experienced people and an award-winning case management system. A positive cash flow and sound financials are a…
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Home visits from debt collectors
Your creditors can use different ways to get you to pay your debts. One way is to send a debt collector to visit your home in person, although they will often call or write to you first. You are not obliged let a debt collector into your home and they don’t have the right to…
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Utility Debt Collection
In these challenging times, we believe that by treating your customers fairly and with compassion and respect, we will deliver additional value to your overall customer experience strategy by working in partnership with you across all areas of debt collection. Churchill Recovery Solutions is a one-stop shop to support your collections teams in resolving outstanding…
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UK households resort to ‘buy now pay later’ loans to cover energy bills
UK households struggling with surging energy costs are being tempted into “buy now, pay later” financing schemes to spread out payments on their electricity and gas bills as the cost of living crisis deepens, according to consumer groups. The warning signs are clear that people have been forced to take desperate measures as they struggle with…
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Sharp rise recorded in landlords seeking to recover rental debt
The number of landlords seeking to recover lost rent has soared according to eviction and housing law specialists, Landlord Action, who have seen a sharp rise in landlords requesting to use their debt recovery service. Instructions for the last year, April 2021 to March 2022, were up 180% compared to the pre-pandemic year, April 2019…