DEMSA update: Smarter regulation / Data Sharing / FCA update / Insolvency stats / Homeowners / MoneyPlus report / Collaboration / Events…

In today’s bulletin:

General updateBlog: What is the outlook for homeowners in problem debt?Volume IVA provider event – 15 May 2024Individual Insolvency Statistics - April 2024Smarter regulation - 'Share Once Support Register'10 principles for designing vulnerable consumer data-sharing programmesCollaborationsEvents

General update

Under Pressure: Who uses Buy Now, Pay Later (BNPL)?

MoneyPlus has featured this Which? report. Both MoneyPlus and Finvence in separate recent research work have highlighted that the type of debt is an influence on the sustainability of debt remedies. BNPL data blocks are available by API from CRAs like Experian and providers like Valid8 IP. BNPL products are an increasingly popular payment method in the UK,  with 33% of UK consumers reporting having used them.

The report is worth a read.

Link: https://www.which.co.uk/policy-and-insight/article/under-pressure-who-uses-buy-now-pay-later-aiFRV3f8zAI8

FCA “Dear CEO” letter on closed pro...

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