More updates like this from RO-AR.com: Subscribe
Podcast Link: Credit Shift
In a recent discussion led by Paul Sweeney and Cormac O'Neill of Webio, critical developments and trends in the credit industry were explored, revealing the multifaceted challenges and innovations shaping the sector. The dialogue touched on issues ranging from the rising energy prices and their impact on household finances to regulatory changes and advancements in fintech. This comprehensive overview provides valuable insights into the evolving dynamics of the credit and financial services industries.
Key Points and Ideas
The UK's energy price cap increase highlights a growing energy affordability crisis.
A significant percentage of UK residents struggle with energy debt and lack repayment means.
Credit card repayments are under pressure, with many households relying on them for daily expenses.
The onset of winter exacerbates financial pressures due to increased heating costs.
Government initiatives in Irela...
Access this content for FREE by signing up for ROAR Membership.
Join with a Basic (free) or Plus membership (for extra features).
Create an account by clicking here or if you have an account sign in below.