Credit, Collections & Insolvency News
New figures by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in October 2024 by 2% compared with the same month in 2023. The corresponding value of new business fell by 1% over the same period. In the ten months to October 2024, new business was 1% lower…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in September 2024 by 4% compared with the same month in 2023. The corresponding value of new business increased by 8% over the same period. In the first nine months of 2024, new business was 2%…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in August 2024 by 2% compared with the same month in 2023. The corresponding value of new business fell by 1% over the same period. In the eight months to August 2024, new business was 2%…
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The FCA has today announced that it has extended the pause to the deadline for motor finance firms to provide a final response to customer complaints regarding discretionary commission arrangements (DCAs) which could impact car finance providers until December 2025. In January 2024, the FCA announced a review into whether motor finance customers have been overcharged…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in July 2024 by 1% compared with the same month in 2023. The corresponding value of new business increased by 2% over the same period. In the seven months to July 2024, new business was 2%…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in June 2024 by 11% compared with the same month in 2023. The corresponding value of new business decreased by 10% over the same period. In the first half of 2024, new business was 3% lower…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in April 2024 by 8% compared with the same month in 2023. The corresponding value of new business was 7% higher over the same period. In the first four months of 2024, new business by both…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in April 2024 by 8% compared with the same month in 2023. The corresponding value of new business was 7% higher over the same period. In the first four months of 2024, new business by both…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in March 2024 by 7% compared with the same month in 2023. The corresponding value of new business was 5% lower over the same period. In Q1 2024 as a whole, new business by value and…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in February 2024 by 1% compared with the same month in 2023. The corresponding value of new business was at a similar level to February 2023. In the first two months of 2024, new business by…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in January 2024 by 3% compared with the same month in 2023. The corresponding value of new business also fell by 3% over the same period. In the twelve months to January 2024, new business by…
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New figures by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in December 2023 by 8% compared with the same month in 2022. The corresponding value of new business was also 8% lower over the same period. In 2023 as a whole, new business by value and volume…
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New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell by 3% in September 2023 compared with the same month in 2022. The corresponding value of new business held steady over the same period. In the nine months to September 2023, new business volumes were 6%…
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