Analysts suggest banks could face a £10bn compensation bill for unfair car finance deals. The FCA has announced an investigation into whether loans taken out before January 2021 were unfairly charged...
Read moreClaims companies and no-win, no-fee law firms are increasingly targeting motorists who have taken out car loans as they believe car finance “could be brewing the next big mis-selling scandal”. Car...
Read moreHUGE FIRE AT JLR INCHCAPE PRESTON NO-WIN-NO-FEE LAWYERS TARGET CAR FINANCE UBS FORECASTS CAR PRICE PLUNGE – BUT LOOKERS’ MARK RABAN DISAGREES TRUST FORD WAKEFIELD TO CLOSE US TREASURY EV CREDITS...
Read moreRETAILERS WARNED ABOUT ‘SLAPDASH’ DATA PROTECTION SOPER BMW INSTALLS UK’S FASTEST EV CHARGERS NEWGATE TO DISTRIBUTE MULLEN EV IN UK AND IRELAND MOTORISTS WARNED PCP RATES ARE ROCKETING AUTO...
Read moreA strong performance from Volkswagen Financial Services UK retailer partners has helped it finance a record 100k cars so far in 2022. New technology that has expanded its reach on retailer partners’...
Read moreRetailers have been given an extra three months to implement the FCA’s new Consumer Duty to allow them to “fundamentally improve” how they sell finance to consumers. The new Consumer Duty...
Read moreCar finance regulation is likely to see significant overhaul in the next few years following the Government’s commitment to reform the 1974 Consumer Credit Act which regulates personal loans...
Read moreDo new car PCPs need to be investigated by the FCA? Probably not. Will they be investigated by the FCA? Maybe. There’s been rising chatter about buying (and selling) cars on PCP agreements for a few...
Read moreSub-prime car finance could be given closer consideration in the forthcoming review into motor sales credit by the Financial Conduct Authority which is said to be considering imposing a cap in the...
Read moreWere all familiar with the huge rise in new car sales, financed by on PCP schemes, and a lot of people are looking at the impact of this trend on the used car market. Its something Auto Retail...
Read moreTheres going to be a lot of attention in the coming months on the way the incoming Financial Conduct Authority handles the regime for consumer credit. This is a complex subject mainly because, as...
Read moreRichard Bunn, former director of Fleetline, a division of Leaseplan, has joined the management team of car finance comparison website FinanceAcar. Previously, Bunn spent 10 years with Ford...
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