LONDON (SHARECAST) - Debt advisory group has seen mixed trading in the past 12 months with a strong showing from its advisor arm but a loss from its consumer loans division.

The Debt Advisor is performing well with the new IVA case run rate more than trebling from an average of 18 per month in the second quarter to 60 in August 2006.

Consumer loans, though, have been hit by a significant downturn as a combination of higher interest rates and nervousness surrounding house price inflation has hit demand.

Compass adds that direct marketing channels have come under increasing pressure throughout the market as a whole with reduced response rates creating lower applicant numbers and a consequential substantial increase in the cost per lead.

A comprehensive review and restructuring of its Consumer Loans division is under way that will involve job losses and the cessation of certain marketing activities.

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