Registry Trust calls for stakeholders to back new Register of Partial Settlements
Registry Trust, the not-for-profit organisation which maintains the Register of Judgments, Orders and Fines, is calling on stakeholders from across the credit and debt landscape to support its project to create a Register of Partial Settlements. Registry Trust’s monetary judgments data is used for public good in millions of credit and lending decisions every year […]
Read MoreConsumers struggling with rising prices urged to seek help
New research suggests many borrowers are missing out on available support. New research reveals that some people who are struggling financially are not seeking support because they are embarrassed. 42% of borrowers who were struggling and ignored their lenders’ attempt to contact them had done so because they felt ashamed. Two out of five people […]
Read MoreChristians Against Poverty publishes client report ‘On the edge’
Christians Against Poverty (CAP) has published its latest client report entitled ‘On the edge’. Officially launched at a Westminster reception attended by MALG’s CEO Bob Winnington, it contains stats, client stories and up to date info on CAP’s work around the UK to empower people to get out of debt and poverty. Key statistics from […]
Read MoreUK commits to reform of the Consumer Credit Act
Plans to modernise consumer credit laws to cut costs for businesses and simplify rules for consumers have been announced by the government. UK government commits to reform the Consumer Credit Act – which regulates all credit card purchases and personal loans Plans to modernise the act will cut costs for businesses and simplify rules for […]
Read MoreFCA tells lenders to support consumers struggling with the cost of living
The Financial Conduct Authority (FCA) has written to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms act now to make sure […]
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