Consumer confidence is vital to car buying and the recent rise in the UK base rate to 0.75% could dent this confidence, given an estimated 80% of car buyers need credit to finalise their purchase. A...
Read moreFor the second month running it has been politics rather than economics that has grabbed the attention of world markets. Here in the UK, Article 50 has been followed by the surprise general election...
Read moreThe initial wave of five final notices issued by the FCA to motor retailers this month could be the first of many, warned James Tew, CEO at iVendi. He pointed to the reason given by the FCA failing...
Read moreGenerally, lending outside the prime market has a poor reputation. In some ways, this is unfair. It serves a purpose for a part of the market that would otherwise not be able to access credit....
Read moreThe lack of credit facilities, for both customers and auto retail businesses, was the major talking point at NADA. With more than 90% of cars in the US bought on finance, the banking industry is more...
Read moreCar buyers are still more likely to choose a finance package in the showroom over a personal loan to pay for their new car – despite the hype from online banks and High Street providers,...
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