Trustfolio becomes member of Money Advice Liaison Group (MALG)

Peter Wallwork
9 September 2021

Trustfolio Ltd, a new debt sector technology company, has become a member of Money Advice Liaison Group (MALG).

MALG is a not-for-profit UK membership organisation which brings together stakeholders from across the credit and money advice landscape in its mission of ‘working together to improve the lives of people in debt’.

Peter Wallwork, Non-Executive Director of Trustfolio Ltd, MALG Board Member, and former CEO of UK trade body for the debt collection and purchase sector, Credit Services Association, said:

“I and the other sector experts involved in the inception of Trustfolio are long-standing supporters of MALG and know what an important role it plays in bringing together a unique and diverse range of professionals to encourage collaboration and joint action on key issues. It was a ‘no brainer’ for us to become official members and reap the benefits of being part of this excellent network while ‘doing our bit’ for the consumer in debt, which is ultimately what the company was founded on. We’ve got some really exciting developments in the pipeline which our MALG contacts will be among the first to find out about.”

Bob Winnington, CEO of MALG, said:

“We are delighted to welcome Trustfolio into MALG Membership at such an important time for those in debt as a result of the pandemic. Fintech providers are key stakeholders and our role is to open lines of communication between them, creditors, money advisers, policy-makers, and others to enable collaborative working for the mutual benefit of all. We look forward to welcoming representatives from Trustfolio, most of whom are already well known to us, to our upcoming events including our fortnightly virtual ‘Friday Forums’, and quarterly national and regional Members Meetings.” Find out more about MALG at www.malg.org.uk.