Tag: Bank of England

Interest rate rise has failed to slow car finance lending (The Executivecondominium)

Interest rate rise fails to slow car finance borrowing

November's rise in interest rates by the Bank of England appears to have done nothing to slow the increase in car finance debt, according to the latest results published by the Finance and Leasing Association (FLA).
Car buyers are taking on ever-increasing finance debt

Car buyers taking on more and more finance debt

As the issue of car finance mis-selling bounced back into the media this week, latest car finance results show that buyers are taking on increasing debt.
Shock! Horror! Car dealers are dodgy!

Shock – car dealers found to be dodgy!

There was shock and amazement today as a front-page story in a national newspaper accused car dealers of being less than honest with their customers.
The Bank of England has opened an investigation into the car finance sector

Why the Bank of England is looking into the car finance market

Why has the Bank of England recently decided to open an investigation into the UK car finance market, and what is it looking for?

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