EuroDebt supports TrigoldCrystal

The programme kicked off on 18th January in Enfield with EuroDebt supporting a further three events scheduled in key locations across the UK.

TrigoldCrystal is the largest sourcing software supplier in the mortgage industry with over 70% of intermediaries using the Prospector system.  It is also one of the largest suppliers of client management and administration software for financial advisors.

The event on the 18th January was attended by over 50 Prospector users.  The attendees not only heard about the latest product developments from TrigoldCrystal but learnt new ways of generating additional income from TrigoldCrystal’s partners, including EuroDebt Financial Services.

Kevin Still, director of EuroDebt, discussed with attendees ways of referring non-borrowing debt solutions, like Debt Management Plans (DMPs) and IVAs, to clients in financial difficulty. The EuroDebt Introducer Scheme provides a compliant way for brokers and IFAs to refer indebted clients who may not be able to re-mortgage or be granted a debt consolidation loan.

EuroDebt has been a partner of TrigoldCrystal since July 2009 and an integrated service partner for each subsequent version of Prospector, including an automated referral path from the debt consolidation module.

Kevin Still said:

“We know that the first quarter after the festive period is typically tough for many UK consumers and 2011 is likely to be especially so with rising inflation, continued high rates of unemployment and soaring fuel, energy and insurance costs.

"With the threat of interest rates to combat inflation and the CML announcing an 18% drop year-on-year in December in mortgage advances then the need for alternative debt solutions has never been more acute.  
 
“Compliance is high on everyone’s agenda and TrigoldCrystal stressed the importance of intermediaries being a member of a reputable trade association if you are referring Debt Management or IVA cases. On the stand we displayed the Association of Professional Debt Solution Intermediaries new brochure. EuroDebt is a founder member of the association and pleased to be promoting membership in association with TrigoldCrystal.”
 
EuroDebt is planning to support a number of other Business Academy events around the country through 2011.

Current dates include:

- 15 February: Newport, Hilton, Newport NP18 2LX

- 1 March: Southampton, Holiday Inn Eastleigh SO50 9PG

- 15 March: Brentwood, Holiday Inn Brentwood