September 21, 2011

Three-quarters of SMEs fail to check customers’ credit ratings

by Jan Harris

Experian has uncovered a significant lack of awareness among small and medium sized businesses of the importance of checking credit scores. Of the respondents to a survey of around 700 UK small businesses, nearly three-quarters (71 per cent) failed to check their customers’ credit status and 39 per cent didn’t even know what a credit […]

September 15, 2011

UK workers not had pay rise in past year

by Kerry Butters

According to recent research carried out by credit experts Equifax, not only have 74% of consumers not had a pay rise in the past year, but they have also seen a huge rise in the amount of people checking their credit file. The current economic climate has also meant that many people have been forced […]

March 31, 2011

Business failures on declining trend

by Jan Harris

Two new reports show that fewer businesses are now failing and the trend looks set to continue. Credit management firm Equifax’s January to February 2011 Business Failures report found that the number of business failures fell by nearly 8% compared with the same period in 2010. Equifax said that the fall is probably related to […]