Tag: Churchill Recovery

  • 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…

  • 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…

  • 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…

  • Bailiffs accused of strong-arm tactics in UK

    When the first lockdown was in effect, bailiffs were forbidden from coming to your home. This went on for a whole year until April 2021 when they resumed their visits with members of The Civil Enforcement Association conducting over 1 million worth between September 2020 and its end! The number of people seeking aid from…

  • UK credit card debt hits record high

    Consumers borrowed £1.5bn net in February — the highest monthly figure since statistics began in 1993 UK consumers borrowed a record amount in February, with some economists saying it was a sign of the cost of living crisis hitting wallets even before Russia’s invasion of Ukraine pushed energy prices higher. Individuals borrowed a net £1.5bn…

  • ‘Buy now pay later’ boom fuels consumer debt concerns as transactions soar

    With the rise of mobile payments, it seems Klarna has fallen behind. The company’s decision to release a physical card in UK last month was outdated and symbolic for an age where our digital lives take over every day – especially when you consider they only work on smartphones! The pastel pink and black cards…

  • The truth about getting out of debt

    For a lot of people, getting out of debt seems impossible. But it’s not – you just need to know what to do and where to start. In this blog post, we’ll talk about the truth about getting out of debt, and give you some tips on how to get started. So whether you’re struggling…

  • 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 means this…