For years car finance rates, balloon payments and more have attracted criticism from consumers and various activists. Now it looks like the big lenders in the car finance market are going to take a hit. […]
Just a reminder that the deadline for industry responses to Motor finance rates has been extended until the end of 2025. Here’s the word from the FCA; We have extended the time firms have to […]
The latest from the FCA seems to suggest that the process of reaching a final decision on compensation schemes for some car lease/finance contract holders might take a while. Here’s the word; The Financial Conduct […]
Interesting extension from the FCA on car lease interest rates and finance, which suggests that the new Labour government will be seeking to amend, or cap the level of interest on things like EV car […]
This is one we missed from earlier in July, but worth noting as any brand entering the motor insurance sector in Ireland is always interesting. This time the approach is embedded cover, which offers the […]
Does the insurance industry have a problem with EV insurance? Maybe so, here’s some research on policy wordings on charging cables, which are an integral part of lease/ownership of course. Motor insurance experts at Defaqto are […]
Innovative online car platform Carzam is yet again shaking up the market by offering a 1 month GAP policy to its customers as part of its ground-breaking digital used car sales platform. Carzam is the […]
Avid Insurance Services Ltd (Avid), the fast-growing MGA that recently acquired IIGL, has launched its first A-rated GAP insurance product into the retail auto market. Steve Duxbury, head of ancillary motor at Avid, said the […]
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