Learn how a used car loan can help you upgrade to a higher-segment vehicle affordably, with lower upfront costs and flexible EMI options https://english.mathrubhumi.com/marketing-feature/used-car-loan-upgrade-vehicle-guide-finance-tips-u6jpal8e?utm_source=dlvr.it&utm_medium=mastodon #UsedCarLoan #CarUpgrade #CarFinance #PreOwnedCars #SecondHandCar

Quảng cáo “trả góp 0%” thường đi kèm phí hồ sơ, phí quản lý khoản vay, bảo hiểm thân vỏ bắt buộc… khiến tổng chi phí tăng rõ rệt. Trước khi ký, cần so sánh lãi suất, thời hạn vay, biên độ phí và yêu cầu bảo hiểm; tính toán tổng chi phí thực tế và thẩm định kỹ hợp đồng để tránh “mua rẻ trả đắt”. #MuaXeTrảGóp #VayMuaÔtô #LaiSuat0 #ChiPhiAn #MuaXe #CarBuying #AutoLoan #LowInterest #CarFinance #Fees #VietnameseNews

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Lloyds sets aside £2bn for car finance compensation claims

Lloyds Banking Group has announced it will allocate an additional £800 million for compensation claims related to its car finance operations, bringing the total provisions for redress to nearly £2 billion. This follows concerns that more drivers may be eligible for compensation due to hidden commiss... [More info]

Steps to Take If You've Been Mis-sold Car Finance

The article addresses the growing issue of consumers being mis-sold car finance agreements, particularly those involving high-interest loans or products unsuitable for their financial situations. Mis-selling often occurs when car dealers or finance companies fail to explain key terms fully, omit cru... [More info]

UK Drivers to Receive £700 on Average in Car Finance Compensation

The Financial Conduct Authority (FCA) has proposed a compensation scheme for millions of UK drivers affected by mis-sold car finance agreements between April 2007 and November 2024. Approximately 14 million motor finance deals are under scrutiny, with an estimated £8.2 billion in payouts expected. T... [More info]

UK Drivers Set to Receive Compensation Over Mis-Sold Car Loans

Millions of UK motorists are set to receive compensation next year due to the mis-selling of car loans. The compensation stems from commission arrangements between lenders and dealers, as well as misinformation provided to buyers. A Supreme Court ruling has impacted how these cases are handled, and ... [More info]

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We get it Reeves, you love Rich People and the rest of us are scum....geez....you don't have to keep going on about it...

https://www.theguardian.com/law/2025/aug/02/chancellors-attempt-to-intervene-in-car-finance-scandal-branded-disgraceful

#UKPOL #UKPOLITICS #RachelReeves #CarFinance #Banking

Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’

Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean

The Guardian
The Courts *could* go in harder - but there will be a backlash of piss tricking down from the CEOs of the finance companies all the way to the forecourt, folk who can pay cash will still be able to get nice motors, groups with lower income but reasonable credit ratings (who at the moment are taking advantage of relatively easy to get #carfinance) will be competing amongst each other (and immigrant communities who need transport) for whatever they could buy at cash price (often old sheds that are battle scarred and have barely scraped through MOT).this is the sort of thing which is going to push folk even closer into the arms of Reform UK (whose supporters constantly parrot the conspiracy theory that "left" governments only want the rich to drive #cars)

Right now a smart populist would be taking to streets over this, because a lot of normal people could have had a payout, and now we don't
We're a selfish land, but then whose isn't?

#UKPOL #UKpolitics #CarFinance #Banks #EatTheRich #UKSupremeCourt