Articles with a focus on debt collection and related business services.
 

Recent Blog Entries

car warehouse

FCA gives green light on car PCP debts

The FCA (Financial Conduct Authority) is not concerned about the high level of personal debt in PCPs, given it is secured finance.

Wednesday, 22nd November 2017

Nicky Morgan, MP

MPs launch enquiry into household debt

With lending as high as during the 2008 financial crisis, a formal enquiry into household debt is set to begin, led by Nicky Morgan.

Tuesday, 21st November 2017

Debt Collection Agencies, a Q&A

Debt Collection Agencies, a Q&A

Debt collection agencies fill a very specific role within business. A debt collection agency is tailored to provide the best opportunity for debt recovery.

Wednesday, 18th October 2017

Charging Orders

Charging Orders

A "charging order" can be used to prevent a debtor selling assets which could be subject to seizure through High Court Enforcement.

Monday, 9th October 2017

AYOM Joins the Chamber of Commerce

AYOM Joins the Chamber of Commerce

A.Y.O.M is pleased to announce we are now proud, card carrying members of the North & Western Lancashire Chamber of Commerce. As part of our membership, we hope to offer our own services to local businesses who are suffering with unpaid debts.

Wednesday, 4th October 2017

Universal Credit Risk

Universal Credit Risk

The government has refused to shift their position on implementing the proposed changes to universal credit. Despite the Christmas period already a dangerous time for consumer borrowing, decision-makers have said the November rollout will go ahead as planned.

Thursday, 7th September 2017

Estate Agents at Risk

Estate Agents at Risk

A number of factors have led 19% of estate agents to the verge of bankruptcy according to new research. Many branches see unpaid rent as the straw that breaks the camel's back.

Thursday, 31st August 2017

Borrowing at 11 Year High

Borrowing at 11 Year High

Bank of England figures have prompted various debt charities to warn consumers about over borrowing as credit figures show rapid growth, leaving many at risk. Back in February unsecured debt growth was revealed to have risen by 10.5% annually, the fastest pace in almost 11 years.

Monday, 21st August 2017

The human cost of business debts

Four Seasons Healthcare

Speculation over the financial health of care home giants Four Seasons Healthcare has spiralled in recent months. Forced price rises could spell problems for both Four Seasons and residents.

Monday, 14th August 2017