Credit checks
What concerns me in this is that I seem to remember someone doing credit checks on SFT before they went down the tubes and they came out completely clean. Surely if they were in administration that should have shown up??
SFT continued marketing to me and even phoned up to see if I wished to put a deposit on a course there just 2-3 days before they collapsed.
I am very concerned about the fact that even credit checks don't seem to provide reliable evidence of financial health. In my view it was also unscrupulous of SFT to attempt to take deposits at such a late stage. Is there any reliable method of assessing the strength of an organisation?
Desk-pilot