End of Year Newsletter 2022: IE Hub’s biggest announcements yet!

End of Year Newsletter 2022: IE Hub’s biggest announcements yet!

The best Affordability Assessment Solution

At this years Credit & Collections Technology Awards, IE Hub proudly received The Best Affordability Assessment Solution award. We were recognised as the most effective assessment of Income & Expenditure, which is exactly what we set out to provide.

It is an honour to have our efforts recognised and congratulations to all of our fellow winners.

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Over £1 Million in extra benefits was identified for IE Hub customers

Since adding benefit checks to the IE Hub platform, the company will highlight to a customer if they are potentially eligible for unclaimed benefits. Helping to improve their customers' financial well-being as well as affordability- increasing their ability to pay outstanding debts.

Currently:

  • Over £1 Million has been discovered in additional income that IE Hub customers can then apply for.
  • 70% of customers qualify for additional income of £402, on average.
  • 22% of customers qualify for support from their water supplier through a social tariff.
  • 12% of customers qualify for water sure (capped bill).

We recently appeared in CIVEA's Enforcement News magazine, where we spoke about how our benefit checker is able to help our clients' customers maximize their income and increase their affordability. To read our article, click here and head to page 20.


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V12 Vehicle Finance joins the IE Hub Network

We are pleased to announce that V12 Vehicle Finance (powered by Secure Trust Bank ) have now joined our unique Creditor Network. V12 Vehicle Finance have chosen IE Hub as their partner to support customers experiencing financial difficulties to be able to more easily provide their income and expenditure information to them.


The first Citizens Advice to join the IE Hub network

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It is our pleasure to welcome Citizens Advice Caerphilly & Blaenau Gwent, who are now part of the IE HUB network! As a fintech for good we want to lend our support to like-minded organisations to help them deliver their services to those in need.

Cyngor ar Bopeth Caerffili Blaenau Gwent /Citizens Advice Caerphilly Blaenau Gwent will now benefit from free access to the IE Hub network, our customer portal and I&E management system, with this they can capture and share budgeting information and highlight additional benefits for their clients. Not only is this the first Citizens Advice to join our network, but with this partnership IE Hub will be used as a preventative measure to help individuals avoid problem debt.

To hear what Keith Thorne , Service Manager had to say about the partnership, click here.


Not one nation, not two nations... but three nations!

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Not only is IE Hub supporting clients in England and Wales, but we are also now delivering a Scotland-centric version of IE HUB’s free-to-use income and expenditure tool. This is all thanks to Money Advice Scotland , who spoke about their reasons for partnering with us here.

We are looking forward to being able to improve financial wellbeing for the people of Scotland.


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GamCare is welcomed to the IE Hub network

We would like to welcome GamCare to the IE Hub network. We are proud to support an exciting new project and look forward to sharing more information with you in the New Year.


Key Takeaway

As you can see, IE Hub’s network is growing rapidly. More and more companies are discovering the benefits of our I&E tool. This means that those who are now joining the IE Hub network will benefit from our customer database. If somebody is in debt, chances are they are in debt to 5-7 creditors. If those creditors are a part of the IE Hub network, then they can quickly and easily retrieve I&Es from their customers, bringing significant operational efficiencies and also reducing the burden on consumers and the mental anxiety for those in debt

Therefore, as our network continues to grow, so does the database that our clients have access to.

If you would like to have access to the ever-expending I&E network, click here.

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