1st Credit Debt Collectors

Who are 1st Credit?

1st Credit Ltd are a debt collection company that specialise in collecting payments of debts owed by individuals or businesses. They collect debts on behalf of companies like Lloyds Bank, Vanquis, Halifax, …
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Benefits cap puts Hull mum of five at risk of eviction

A Hull mum says she faces eviction after reaching her benefit cap which then put her behind on her rent.

Candy MacMillan, 29, lives with her five children
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Unarranged overdraft charges outstrip payday loan costs

Unarranged overdraft charges can cost nearly eight times more than payday loans, according to Which? research.

The research, released today (February 8), compared the cost of borrowing £100 for 30 days between unarranged overdrafts and payday …
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Labour pledges version of Scotland’s DAS for England and Wales

The Labour Party has announced it intends to “introduce a version of Scotland’s Debt Arrangement Scheme” as part of its election manifesto.

Scotland’s scheme gives someone in debt breathing space allowing them to repay their debts …
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Lloyds makes full return to the private sector

The government has sold its final shares in Lloyds Banking Group, returning the bank entirely to the private sector.

After the bank faced potential collapse during the financial crisis, the government acquired a 43 percent shareholding …
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CCJs against consumers reach 10-year peak

The number of county court judgments (CCJs) against consumers reached nearly 300,000 in the first quarter of 2017 – the highest in more than a decade.

The figure was published by Registry Trust, a non-profit company …
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Banks told to “improve” scam safeguards

Banks, regulators and the next government must act quickly to tackle fraud or consumers will be left to pay the price, according to consumer group Which?

Which? is today (May 16) calling on banks to outline …
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Innogy warns of loss at UK unit Npower as market ‘worsens’

German utility says competition is ‘extremely fierce’ as British division’s earnings fall.

Innogy, the German energy company, said its UK gas and electricity business Npower would make a loss this year amid a “worsening market environment” …
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Inflation to rise to three-year high amid jump in airfares and energy bills

The cost of living is climbing at the fastest pace in three-and-a-half years amid a jump in air fares and the start of a series of energy bill hikes, official figures will show this …
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Personal and corporate insolvencies on the rise

The number of personal insolvencies in the three months to March were nearly 16 percent higher than a year ago, according to the Insolvency Service.

The Insolvency Service’s statistics for the first quarter of this year …
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