Tag Archives: Money Advice Scotland

Wescot Credit Services: Dedicated sponsors

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Treating customers fairly is something that Wescot Credit Services Ltd take very seriously and their relationship with the global information services company Experian ensures that they apply this philosophy rigorously. The deal signed between the two companies two years ago means that Wescot benefit from the full range of accurate and complete data provisions that Experian possess. This enables Wescot to provide a more comprehensive service and improve their collections performance.

One such service that Wescot Credit Services Ltd provide is the facility to trace individuals. An exercise they recently undertook for Swift Advances was deemed a great success and more than surpassed the client’s expectations. Swift needed to trace over 2,000 previous customers to issue them with small refunds. Wescot were able to successfully locate nearly 80% of the individuals in question and Swift Advances were truly impressed with the service they received.

It is inevitable that the excellent service provided by Wescot is due mainly to the individuals they employ. Great care is taken to ensure that all employees are given a clear career development plan and concise objectives. This allows the firm’s staff to enhance their knowledge and learn new skills, which undoubtedly reflects on the service their clients receive. It is no wonder therefore that Wescot Credit Services Ltd are leading the receivables management services industry in the UK.

Wescot were initially founded in the early 1970s and were originally formed as a partnership. Just over a decade later, they became the private limited company Wescot Credit Services Ltd. Today, they have a broad range of clients across various sectors, which include well-known businesses like RBS, HSBC, British Gas and SKY. At any one time, they find themselves managing performing assets on behalf of their clients worth over £4.5 billion.

wescotBeing debt free means that Wescot have sufficient capital to best provide services to their clients and more than often exceed their expectations. Their turnover in the year ending February 2012 was an impressive £32 million and shows their strong trading position. This is just one reason why they are often the first choice for clients wanting an exceptional service.

This year’s CCR-Interactive and Credit Excellence Awards will have a new main sponsor. Wescot Credit Services Ltd are proud to be associating their brand with the prestigious event, which will inevitably raise awareness of the services and products they provide. They also sponsor the annual conference of Money Advice Scotland, this goes to show the dedication that they have in relation to their chosen sector.

Money Advice Scotland Receives New Sponsor

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Money Advice Scotland is a major charity that focuses its efforts on assisting those who need advice with their finances. Established in 1989 by the Scottish Consumer Council, which is now known as Consumer Focus Scotland, Money Advice Scotland has helped many people resolve issues with their debt by giving expert advice on the best practices to do so. The biggest event in Money Advice Scotland’s calendar is its annual conference whereby people from all over are invited to attend, to network and to listen in on seminars to learn first-hand about financial issues. Money Advice Scotland’s conferences typically run for two days, giving attendees plenty of time to get to know one anotwescot credit servicesher and learn from each other. Not only are individuals invited but there are many large financial companies that attend the conference, both debt recovery agencies and their clients, the big UK lenders.

The Money Advice Scotland conference also gives the charity an opportunity to raise the funds it needs to continue operating. While most of the charity’s funding comes from the Scottish Government and the Money Advice Trust, the conferences and seminars that the charity produces throughout the year provide big boosts to their income. One of the latest sponsors to join the fold for the conference budget is Wescot Credit Services, one of the biggest debt recovery companies in the UK who employ 650 people in three different locations in Scotland and England. A further advantage to gaining sponsorship from large companies such as Wescot is that Money Advice Scotland conferences will undoubtedly attract larger and larger crowds, ensuring that their information is passed on to more people.

Over the course of the two days of the conference, there are lectures from keynote speakers, often experts within the financial sector that share their knowledge with the audience on latest developments in the industry. This is in addition to seminars and workshops that encourage people to network further and engage themselves in important issues such as bankruptcy, income tax and regulation reform. At the end of the first day, there is a gala dinner provided by Money Advice Scotland and the events sponsors with further opportunity for companies to open new business relationship and enjoy their time at the conference. Finally, the dinner closes with a charity auction to raise further income for the good work that Money Advice Scotland performs.