#car-finance

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#consumer-rights #compensation #financial-regulation #fca #reproductive-rights #journalism
Cars
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Why more UK professionals are choosing PCP car deals - London Business News | Londonlovesbusiness.com

PCP agreements provide flexible, affordable access to modern cars through smaller, depreciation-based monthly payments, predictable costs, and options to upgrade, return, or buy at end.
US politics
fromwww.independent.co.uk
1 month ago

Martin Lewis reveals what car finance compensation you may be owed and how to claim

Car buyers on hire purchase or PCP from April 2007 to November 2024 may be eligible for average £700 compensation for undisclosed dealer commissions.
Law
fromBusiness Matters
1 month ago

When Car Finance Goes Wrong: How to Claim Back What's Yours

Hidden clauses, inflated residuals, and unclear finance terms can lead to unexpected costs; consumers can challenge unfair car finance and PCP agreements.
Cars
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Car finance and insurance: How to keep the costs under control in 2025 - London Business News | Londonlovesbusiness.com

Monthly car finance payments obscure additional costs like insurance, tax, servicing, and maintenance that can significantly increase total car ownership expenses.
fromBusiness Matters
2 months ago

Stellantis sets aside 37m as UK car finance scandal deepens

At the centre of the scandal are "discretionary commission arrangements" (DCAs) - hidden incentives paid by lenders to car dealers for arranging vehicle loans. Under the model, which was in place for more than a decade, dealers could set the interest rate charged to buyers, often inflating borrowing costs to earn larger commissions. The FCA banned the practice in 2021 but is investigating deals dating back as far as 2007.
Cars
Law
fromBusiness Matters
3 months ago

How Early Settlement Works in Hire Purchase Agreements

Paying off hire purchase car finance early can reduce interest costs and give outright vehicle ownership, but settlement figures may include uneven interest and fees.
#compensation
more#compensation
fromBusiness Matters
3 months ago

Millions of UK drivers could receive 950 each in car finance compensation scheme

Nikhil Rathi, Chief Executive of the FCA, stated, "It's clear that some firms have broken the law and our rules. It's fair for their customers to be compensated."
Cars
Cars
fromwww.independent.co.uk
3 months ago

Martin Lewis explains how millions could still get car finance payouts after ruling

The Independent provides critical journalism on pressing issues like reproductive rights and climate change, emphasizing accessibility through donations.
Cars
fromBusiness Matters
4 months ago

How to get approved for Bad Credit Car Finance

Credit scores are just one factor among many for car finance approval, with lenders using their own assessment methods.
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