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Debt Collection News Roundup – August, 2017

Here at Access Credit Management we like to make sure we bring our readers interesting and relevant news about our industry so once a month we’ll be publishing a News Roundup.  This should keep you up to speed with all the important goings on within the sector so that you have a resource that keeps you fully informed of all the latest news.  It would be interesting to know what you, the readers, think of the stories that feature here.  If you have any stories you think we should be covering or if you’d like to comment on this or any of our other articles, please do so on our

Avoid Debt with a Loan Protection Plan

During recent years, many people have taken out loans for all sorts of reasons.  It might have been to pay for a holiday, maybe to have some sort of home improvements done.  You might have even taken out a loan in order to build an extension on your home which would raise its value.  Perhaps you needed to replace your car and took out a loan in order to buy a decent, relatively new car – something that can save you money on repair bills in the long run.  Whatever the reason for your loan, you might find that in the current economic climate you are struggling to make the repayments and fall

Digital Payments are a Must for SME Owners

If you’re a small to medium business owner and you don’t offer a method of digital payment to your customers, then you could be putting the future of your company at risk.  Nearly half of all consumers prefer to pay for goods and services using digital technology – online or card payments in bricks and mortar businesses.  The cash-only shops on our high streets are in increasing danger of losing customers to competitors who offer electronic methods of payment, according to a new survey carried out by Frist Data.  The survey solicited answers from more than 1,000 shoppers across the UK and d

Avoid Debt with Sensible Everyday Spending Habits

In the current economic climate, everybody is feeling the pinch and this has led to record numbers of householders being in debt.  If you want to avoid getting into debt then why not take a look at your spending habits and see if you can reduce the amount of money going out of your bank account.  We all need to spend on essentials like food, housing, utilities, travelling to and from work, etc, however most of us spend unnecessarily every day without even noticing it.  There are loads of day to day items that we buy that seem to cost very little but accumulate on a weekly or monthly basis t

SME Owners - How to Give Great Customer Experience

As a small business owner you’re probably aware of how difficult it can be to compete with the “big boys” – larger national and multi-national companies who have huge budgets for advertising, website design, social media activity and other activities which enable a business to grow and gain the lion’s share of business.  This means that you need to think outside the box when it comes to attracting customers and growing your business.  Your customers are essential to ensure that your business survives, especially in the uncertain economic climate we are experiencing here in the UK right now.

New Data Protection (GDPR) Rules – Is your Business Ready for the Change?

Following the introduction of the new General Data Protection Regulation (GDPR) rules in May 2018, UK businesses will be at risk of being fined up to €20 million or 4% of global turnover for infringing the rules.  Smaller businesses here in the UK seem to be largely unaware of the coming changes and are therefore most at risk of being hit with the new, heavier fines.  In a survey carried out for YouGov, only 22% of small businesses admitted that they were aware of the changes compared with 43% of medium sized businesses and 5% of large companies. 

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