The Financial Conduct Authority (FCA) has announced that since April it has investigated more than 200 consumer credit promotions. The regulatory body has said that these promotions were "non-compliant" with its regulations, as they were potentially misleading to customers in that they did not state the financial dangers involved. Since the start of April, 1,500 … Continued

Collections officers are crucial members of credit control teams, as they are in charge of the recovery of outstanding debts. The successful candidate will be able to chase multiple unpaid debts at once and have the capacity to resolve any issues preventing an account from paying its outstanding amounts. The required skills Given the job's … Continued

The Financial Conduct Authority (FCA) has announced its plans to put in place a cap on how much payday lenders can charge their customers. This will become effective as of January 2015. Earlier this year the FCA said that, in response to growing concerns, they would begin to closely scrutinise the way in which payday … Continued

Carrying out thorough credit checks on new customers is something every Credit Control department within every organisation should make a top priority.  By credit checking your customers, you will be able to identify whether or not it will be worthwhile doing business with them, which could potentially save your company a great deal of money … Continued

As part of the credit control department, sales ledger assistants are important components in any company's personnel. As the present economy has dictated that smooth cash flow is now more important than ever before, having qualified and competent professionals working in your credit control department will greatly benefit your company. The necessary skill sets and … Continued