When illness affects your finances, what help is available?
A sudden illness or long-term health condition can impact your wellbeing and financial stability. Whether it’s difficulty working, increased medical costs, or unexpected expenses, knowing where to turn for support can make a significant difference. Financial help is available if illness affects your income or increases your outgoings. Please note that this information is correct…
Read MoreStruggling with household bills? Support may be available
With the cost of household and life necessities seemingly always on the rise, many households are finding it increasingly difficult to keep up with essential bills. If you’re struggling to pay for energy, water, rent, or other household costs, help may be available. Energy bills With the energy prices constantly rising, gas and electricity bills…
Read MoreWhat are priority bills and what happens if they are unpaid?
When money is tight, it can be difficult to decide which bills to pay first. Some bills carry more serious consequences if left unpaid. These are known as priority bills. Understanding what these are and what happens if you don’t pay them can help you manage your finances more effectively and avoid unnecessary penalties or…
Read More7 mistakes that cost credit unions millions
…and how to fix them At last week’s ABCUL conference, NestEgg highlighted 7 key reasons why many credit unions struggle to grow their loan books. Drawing on insights from 250,000 loan applications worth £550 million (that were decisioned by NestEgg’s partner lenders since the last conference), the data shows that by avoiding these seven common…
Read MoreMaximising growth and efficiency: the power of NestEgg’s analytics
Last week marked a major milestone for NestEgg Decision Engine users, with the release of powerful lending analytics tools. These insights provide credit unions with deeper data-driven decision-making capabilities, ensuring stronger financial performance, optimised marketing efforts, and improved risk management. Are you growing? Understanding loan book growth is essential when reviewing financial performance and adjusting…
Read MoreCredit union lending upgraded: smarter decisions, faster growth
This February and March, NestEgg is rolling out a major upgrade to its scalable Decision Engine, bringing 50 credit unions onto the latest and most advanced version of our award-winning platform. With this enhancement, lenders will benefit from even smarter, faster, and more powerful lending decisions—delivering greater efficiency and impact. NestEgg offers a scalable Decision…
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