Car finance and personal loan interest charges to jump £900 a year
Your Money » Car Finance
by Sarahdavidson
5M ago
Almost 8 million homeowners look set to see their interest payments on personal loans and car loans rise by an average of £900 over the next year. The post Car finance and personal loan interest charges to jump £900 a year appeared first on Your Money ..read more
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Could you save money by refinancing your car?
Your Money » Car Finance
by Emmalunn1
5M ago
Car finance website Carmoola claims it can save drivers money by refinancing their car. We’ve taken a look at how it works. The post Could you save money by refinancing your car? appeared first on Your Money ..read more
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Confused over car finance? It can be used on second-hand motors
Your Money » Car Finance
by Paloma Kubiak
7M ago
The demand for car finance is rising at a sharper rate for second hand motors compared to new. But many buyers are unaware they can finance a used car, research reveals. The post Confused over car finance? It can be used on second-hand motors appeared first on Your Money ..read more
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More drivers considering going electric after fuel crisis
Your Money » Car Finance
by emmalunn1
1y ago
More than a third (35%) of people are likely to choose an electric vehicle as their next car, according to Volkswagen Financial Services. The post More drivers considering going electric after fuel crisis appeared first on Your Money ..read more
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Millions risk being caught out by costly car finance deals
Your Money » Car Finance
by emmalunn1
1y ago
More than half (51%) of UK drivers are intending to buy a car in the next six months, with nearly two thirds (63%) planning to use car finance to pay for their new wheels. The post Millions risk being caught out by costly car finance deals appeared first on Your Money ..read more
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Unfair car commission model banned from today
Your Money » Car Finance
by Paloma Kubiak
1y ago
Car buyers are due to save £165m a year as a clampdown on discretionary commission comes into force today. The post Unfair car commission model banned from today appeared first on Your Money ..read more
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Car buyers waste £300m a year on dealer commission
Your Money » Car Finance
by emmalunn1
1y ago
Customers could pay an unnecessary £1,100 extra in interest over a four-year loan, according to TotallyMoney. The post Car buyers waste £300m a year on dealer commission appeared first on Your Money ..read more
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Crackdown on car finance commission to save customers £165m a year
Your Money » Car Finance
by emmalunn1
1y ago
The Financial Conduct Authority (FCA) is banning commission models that give motor finance brokers and dealers an incentive to raise customers’ finance costs. The post Crackdown on car finance commission to save customers £165m a year appeared first on Your Money ..read more
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FCA confirms further support for motor finance and high cost credit customers
Your Money » Car Finance
by emmalunn1
1y ago
The Financial Conduct Authority (FCA) has firmed up plans for a second payment holiday for car finance and high cost credit users who are struggling financially as a result of coronavirus. The post FCA confirms further support for motor finance and high cost credit customers appeared first on Your Money ..read more
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Car finance and high cost credit users to be granted further payment freeze
Your Money » Car Finance
by Paloma Kubiak
1y ago
The City regulator proposes to extend the payment freeze for car finance and high cost credit users who continue to struggle financially as a result of coronavirus. The post Car finance and high cost credit users to be granted further payment freeze appeared first on Your Money ..read more
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