FCA to ban car dealer's discretionary finance commission
The Financial Conduct Authority (FCA) has opened a consultation in a bid to ban car retailers’ discretionary finance commission model –...
PPI lawyers ready to react to FCA’s verdict on PCP car finance
Lawyers who led large-scale PPI mis-selling claims are poised to turn their attention on PCPs following the conclusion of the Financial...
Car buyers’ lack of finance understanding presents ‘high potential for mis-selling’
Car buyers’ lack of awareness about car dealers’ obligations when selling finance products suggests a “high potential for mis-selling of...
Franchised dealers defend PCP car finance deals from media attacks
PCPs (personal contract purchases) and consumer car finance in general have come under attack in recent months as the national press...
