credit complaints

Motor finance complaints hit record level

5th March 2025 Consumer Lending | #credit complaints

The Financial Ombudsman Service (FOS) has reported a record 18,658 new complaints regarding car loans in the last quarter of 2024, surpassing credit cards as the most complained-about financial product. Motor hire purchase deal complaints jumped almost three times to 15,956 cases, followed by disputes about credit cards, current accounts, car/motorcycle insurance and motor conditional…

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credit complaints

Motor finance complaints hit record level

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