car finance

ICO investigating car finance claims spam messages

The Information Commissioner’s Office is investigating five companies suspected of sending 170 million spam car finance claims messages. The investigation is being carried out in partnership with the Financial Conduct […]

Consumer car finance up one per cent

Figures from the Finance & Leasing Association show that consumer car finance new business volumes grew by one per cent in May compared with the same month in 2025. The […]

Car finance up three per cent in April

The Finance and Leasing Association (FLA) has revealed that consumer car finance volumes grew by three per cent in April compared with the same month in 2025. Meanwhile, the value […]

FCA redress scheme set for further delays

The National Franchised Dealers Association (NFDA) has said that expected delays to the FCA redress scheme are disappointing. The scheme has been developed to support customers seeking payouts for being […]

Payment Assist passes £1bn in vehicle funding

Finance provider Payment Assist has helped more than a million motorists pay for vehicle repairs valued at over £1bn. Working with 8,000 workshops, Payment Assist offers interest-free finance on MOTs, […]

Consumer car finance market remains resilient

New figures from the Finance & Leasing Association (FLA) have revealed modest growth in the consumer car finance market over the past year. It found that consumer car finance new […]

Motor finance redress scheme imminent, says NFDA

The National Franchised Dealers Association is urging retailers to prepare for the launch of the motor finance redress scheme. The Financial Conduct Authority will introduce the scheme in the coming […]

Consumer car finance market returns to growth

New figures from the Finance & Leasing Association have revealed strong growth in the value and volumes of consumer car finance. It found that consumer car finance new business volumes […]

FCA to launch motor finance consultation in October

The Financial Conduct Authority has confirmed it will consult industry in October about a compensation scheme for motor finance customers. Dealers and finance companies faced a bill estimated to be […]

Car finance totals £21bn in 12 months

The UK’s new and used car market has been elevated by £21bn in car finance in the past year, according to new figures from the Finance and Leasing Association. It […]