Home/Tag: car finance

Car finance catching up with rent and mortgage

By |2020-10-21T10:57:32+01:00October 22nd, 2020|Categories: Leasing & Finance News|Tags: , |

According to the Opinium survey of 2,000 UK drivers, commissioned by InsuretheGap.com, an independent provider of GAP (Guaranteed Asset Protection) insurance for new and second-hand cars, drivers in Scotland (34%) and London (34%) drivers, who bought their car on finance, are the most likely out of any UK region to spend as much, or more, on car finance payments each month as their housing costs.

FCA confirms next stage of support for consumer credit

By |2020-09-30T14:43:54+01:00September 30th, 2020|Categories: Leasing & Finance News|Tags: , , , |

New guidance from the Financial Conduct Authority covers users of credit cards and other revolving credit, personal loans, motor finance, buy-now pay-later (BNPL), rent-to-own (RTO), pawnbroking and high-cost short-term credit (HCSTC) products and overdrafts.