Payday lender Wonga is to pay more than £2.6 million in compensation to around 45,000 customers for “unfair and misleading debt collection practices”, the UK markets regulator has announced. The UK’s biggest payday lender was found to have sent letters… read more →
XRS are proud to announce a deal with Ballyphehane Credit Union to provide our legal collection system (LMS) to assist in their efforts to manage the legal collections function of the Credit Union in-house. This is the first such deal… read more →
Kieron Brennan is leaving to take over as boss at the National Association of Building Co-operatives, a charity that promotes the provision of social housing.
Half of the 6,600 legal letters sent out by AIB to borrowers in arrears of 90 days or more have resulted in engagement with the bank by the borrowers. Chairman David Hodgkinson told shareholders at the bank’s AGM that none… read more →