The Financial Conduct Authority has extended the deadline for its consultation on its motor finance compensation scheme. It proposed the scheme last month after it was found that motor finance […]
About 14 million drivers can expect payouts of around £700 as a result of a motor finance compensation scheme proposed by the Financial Conduct Authority. It estimates total the total […]
A number of regulatory bodies are working together to tackle high fees charged by claims management companies dealing with motor finance claims. The Financial Conduct Authority (FCA), Solicitors Regulation Authority […]
Startline targets growth to three per cent of the UK motor finance market after securing a five-year, £475m credit facility from investment bank J P Morgan. The company now manages […]
A landmark ruling on commissions paid in motor finance will go to appeal, the Supreme Court has said. The ruling in October deemed that paying undisclosed commissions in car finance […]
The National Franchised Dealers Association (NFDA) has urged members to take the necessary steps to meet new measures introduced by the Financial Conduct Authority around motor finance. The FCA announced […]
