The Impact of Covid-19 on Collections: Expectation Vs Reality

No one could ever have predicted the arrival of the Coronavirus pandemic and once it arrived it took the world by storm. Now, over a year later, it remains unclear how long the pandemic and its economic impact will last.

With job losses, redundancies and ill health, along with the Government’s own lending to support emergency funding, there is no question that the UK has seen a significant rise in debt as a direct result of the pandemic.