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Arrow Global
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News

Published on 11/03/2016

The Financial Conduct Authority (FCA) has informed us that Debt Management Company PDHL Ltd has been refused authorisation. According to the regulator, up to 16,000 customers will be affected and Money Advice Service (MAS) will start contacting these customers via letter today – a process that will be completed in stages.

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Published on 02/02/2016

Consumer debt defaults will rise by 17% over the next five years according to FTSE-listed Arrow Global, which today releases the results of the first ever econometric forecast of consumer debt defaults.

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Published on 22/12/2015
  • 69% of defaulters have avoided talking to their lenders
  • 47% said that even the possibility of restructuring the loan would not encourage them to communicate with lenders
  • However, 63% would communicate more if it would improve their access to credit in the future
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Published on 27/11/2015

Debt defaulters have high stress levels with a significant number suffering from sleep deprivation and alcohol or substance abuse. The findings come from a UK-wide survey of over 2,000 borrowers commissioned by FTSE-listed Arrow Global, a leading European purchaser and manager of debt portfolios.

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Published on 06/11/2015

Two thirds (66%) of young adults who have sought a loan either do not know what APR means or see it as unimportant

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Published on 02/02/2015

Capquest, part of Arrow Global Group, has announced that it will be recruiting for roles over the next 12 months at its Templar Avenue and Broomielaw sites in Farnborough and Glasgow respectively.

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Published on 26/01/2015

For the second year running, StepChange is holding its ‘Debt Awareness Week’. Running from Monday 26th January to Sunday 1st February, the charity will be focussing on helping people take control of their finances.

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Published on 01/12/2014

Arrow Global is pleased to announce it has now completed its acquisition of Capquest. Both organisations have a shared commitment to customer engagement and compliance, and the new enlarged business has enhanced customer service capabilities.

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Published on 10/11/2014

Arrow Global has today (10/11/14) announced the purchase of selected assets from Tessera Credit Group LLP (‘Tessera’) and that the servicing of these assets will transfer from Tessera to Arrow Global’s servicer network.

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Published on 31/01/2014

Arrow Global is pleased to announce that it has been shortlisted in the New Company of the Year category of the PLC Awards.

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Published on 11/12/2013

Arrow Global today releases key research into motivations and barriers to engagement in the consumer debt marketplace, conducted by the Personal Finance Research Centre at the University of Bristol, the Royal College of Psychiatrists and Plymouth Focus Advice Centre.

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Published on 25/11/2013

CarVal Investors and Arrow Global (the "Consortium") have announced that they have been selected by the Government as the successful bidder for the sale of student loans owed by around a quarter of a million borrowers.

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Published on 13/11/2013

Arrow Global has been ranked first in the 2013 OC&C Credit Management and Debt Collection Index, placing the business ahead of over 70 major European debt purchase and credit management companies.

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Published on 08/10/2013
Published on 28/06/2013

Arrow Global's founder, Zachary Lewy, and Chief Executive Officer, Tom Drury, have been named as winners in Ernst & Young's Entrepreneur Of The Year awards. They won the Business and Products category for their roles in growing the Manchester-based business.  

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Published on 07/06/2013

Arrow Global Limited is pleased to announce an extension to its data services agreements with Experian until 2023.

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Published on 14/11/2012

Arrow Global has been ranked joint first ahead of all other major debt purchasers and credit management companies in Europe in the 2012 OC&C Credit Management and Debt Collection Index.

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Published on 29/10/2012

Arrow Global has kick started its official volunteer and community programme - Arrow Global Engage - by raising over £4000 for two Manchester-based charities in a series of gruelling physical challenges. 

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Published on 12/10/2012

Leading debt purchaser Arrow Global now has £110 million of revolving credit facility with three lenders, significantly increasing its purchasing power and further strengthening its market position.

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Published on 30/03/2012

A Manchester-based employee at a leading debt purchaser has won a prestigious national award after being named the leading UK student for 2011 following top marks in an ITC specialist course.

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Published on 01/02/2012

Tom Drury left the top job at a FTSE firm to head up one of the UK's largest debt purchasers. Alex Cardno meets him to find out how the move to Arrow Global is going.

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Published on 10/11/2011

Leading European debt purchaser Arrow Global was named Debt Purchaser of the Year by a panel of industry leaders at the annual Credit Today Debt Collection Awards held in Manchester, England last night.

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Published on 01/08/2011

What data can sellers provide to potential buyers to ensure the smoothest debt sale process and the best price for portfolios?

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Published on 01/08/2011

The Three Waves - Is the debt sale and purchase market coming back to life?

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Published on 01/03/2011

Is 'treating customers fairly' something that you proactively follow, or an idea to which you just pay lip-service?

 

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Published on 01/03/2011

Arrow Global brings trademark analytics and compliance-focussed collections structure to new business area.

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Published on 01/12/2010

Arrow Global raises concerns over hidden score performance

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Published on 01/12/2010

Zach Lewy, chief executive of Credit 100 sponsor Arrow Global, reviews a year of economic anomalies

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Published on 01/10/2010

Arrow Global has posted outstanding growth figures for the past year, based on recruiting some of the most significant names in the credit industry and improving, yet further, on internal processes. Now 2011 looks set to be an even better year, with a strong capital base and platform that can take advantage of improvements in the debt sale marketplace

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Published on 01/10/2010

Year by year, Arrow Global has swiftly grown to become one of the UK's largest debt buyers, with nearly £3bn of assets under management. Its chief executive and chief investment officer describe a rapid journey

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Published on 01/10/2010

Debt buyer completes £800m of face value purchases in 2010

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Published on 01/06/2009

Debt purchaser invests in case management under growth plans

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Published on 01/03/2009

In his autobiography, Bill Clinton wrote the following description of the conditions his administration faced in 1992: "Coupled with our large trade deficit, the budget deficit required us to import tremendous amounts of capital every year to finance our overspending.

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Published on 01/01/2009
Published on 01/02/2008

If last year was the party - this year has started with a hangover. But what are the economic signs indicating for the stability of collections for the rest of the year?

 

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Published on 01/01/2008

One important element in creating a successful debt sale and purchase industry in the UK is for sellers and buyers to gain comfort that the sale will not damage the reputation of either party.

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Arrow Global Limited is registered in England and Wales with company number 05606545. Its registered office is at Belvedere, 12 Booth Street, Manchester M2 4AW. Arrow Global Limited ("AGL") is authorised and regulated by the Financial Conduct Authority for certain credit-related regulated activities, and is part of the Arrow Global Group. AGL is registered on the Financial Services Register under registration number 718754.