
Scale of car finance scandal revealed in new research
The scale of the car finance commission scandal has been revealed with new research finding that only 21% of car finance customers were told their dealers could be earning commission. […]
The scale of the car finance commission scandal has been revealed with new research finding that only 21% of car finance customers were told their dealers could be earning commission. […]
The Financial Ombudsman Service has reported that car finance complaints have risen to record levels this year. The spike has been driven by the ongoing commissions scandal, with FOS data […]
New data has revealed that Finance & Leasing Association members provided a record £154.6bn of new lending in 2024. This represents a two per cent increase on 2023. FLA supports […]
New figures from the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell by two per cent in October compared to 2023. The corresponding value […]
Dealers will be able to offer car finance to customers quicker and easier following a new collaboration between iVendi and Close Brothers Motor Finance. As part of the deal, iVendi […]
The Finance & Leasing Association (FLA) has reported a rise in the consumer car finance market, with new business volumes up by four per cent year-on-year in September. Meanwhile, new […]
Consumer confidence appears to be growing with the consumer car finance market enjoying a positive start to the second half of the year. The Finance & Leasing Association (FLA) has […]
Figures from the Finance & Leasing Association (FLA) have revealed a double digit decline in the consumer car finance market in June compared to the same month in 2023. It […]
The Financial Conduct Authority is giving car finance companies more time to respond to customer complaints around commissions charged when buying car. It launched an investigation into discretionary commission arrangement (DCAs) […]
Oracle Car Finance has announced it has exceeded £2bn in vehicle funding. The North Yorkshire-based finance broker provides funding from £25,000 upwards for prestige, sports and classic cars. It provided […]
Half of UK consumers who have financed a vehicle purchase within the past 12 months are now concerned about the affordability of their monthly payments, according to a new survey […]
New research has found that a large proportion of drivers are confused by car finance packages. According to JATO Dynamics findings, over four in 10 (43%) don’t understand the details […]