Personal insolvencies ‘set for rapid rise’ in fourth quarter as… – P2P Finance News
Payment freezes on personal loans are masking the true nature of deteriorating personal finances, an insolvency expert has warned. Analysis by debt industry data company TDX Group found the volume of individual voluntary arrangements (IVAs) and trust deeds decreased by 39 per cent between the first and second quarter of 2020 and is down 38…