One in five Europeans needs to borrow for Christmas gifts
For many, Christmas means that busy everyday life is replaced by peaceful and joyful days together with family and friends. But it also comes with a price. Intrum's European Consumer Payment Report 2018 shows that 27% of all Europeans worry about how to afford Christmas gifts.
Mixed picture for European households
European consumers are largely upbeat about the economy, but a large portion of households nevertheless struggles with debt and needs to borrow to pay their bills on time. The 2018 edition of the European Consumer Payment Report reflects a stronger European economy through people’s view of their own and their countries’ economic prospects.
Cracking the code - European prompt payment initiatives
As Europe’s SMEs push for a solution to the persistent issue of late payments, could voluntary prompt payment codes be the answer? Or should the authorities step in? Intrum has taken a closer look at some of the ongoing European initiatives for quicker payment.
Innovation and ethics to define future of credit management
Hannah Cook, Director of Intrum’s Group Digitalisation Programme, outlines one of the company’s key objectives: to lead the transformation of debt collection services.
High debt levels makes Nordic households vulnerable for higher interest rates
A strong economic development and low interest rates have resulted in a high credit demand among Nordic consumers during recent years. Intrum's new report Nordic Debt Collection Analysis shows growth in the number of debt collection cases in Norway, Sweden and Finland.
Voluntary 30 day payment code presented in Sweden
This year’s European Payment Report shows that Sweden’s late payment times are rising, in contrast to much of the continent. Could a new voluntary payment code halt this worrying drift?
Having a summer break without breaking the bank
Escaping for a dream destination holiday can be the ultimate way to unwind and recharge the battery. But without a budget planned with care, the summer getaway can create more stress than relaxation – not to mention an intense financial headache.
European companies lack awareness of GDPR
Intrum’s latest European Payment Report finds that many companies are unaware of GDPR, a reform that comes with a hefty price tag.