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Fri, May, 11 2012
Finance for new retail cars is above pre-credit crisis levels, director general of the Finance & Leasing Association Stephen Sklaroff has told members.
Detective Chief Inspector Mark Hooper of the Association of Chief Police Officers Vehicle Crime Intelligence Service on the work of the unit ahead of Car Crime Awareness Week.
The EU's Alternative Dispute Resolution and Online Dispute Resolution proposals have been studied by the FLA and the Department for Business, Innovation and Skills. Daksha Mistry analyses their feedback.
With the £5,000 threshold for small claims in the county courts set to increase to £10,000 more businesses may try recovering smaller debts themselves. Greg Standing advises how to serve the claim form.
Thu, May, 3 2012
UK Car Group, owner of used car supermarket Carcraft, has been fined £91,000 by the Financial Services Authority over sales of payment protection insurance.
Carcraft has responded to the £91,000 fine imposed by the Financial Services Authority over payment protection insurance, saying it is “disappointed”.
Thu, Mar, 29 2012
Three directors of failed subprime lender Cattles and its subsidiary Welcome Financial Services have been banned from the industry by the Financial Services Authority and fined a total of £700,000 for misleading information regarding the company’s loan book.
Two men have been jailed and five handed suspended sentences at Stoke-On-Trent Crown Court on Friday for their involvement in a car finance fraud scheme worth £125,000.
Wed, Mar, 28 2012
The Finance & LeasingAssociation has launched Car Crime Awareness Week in the UK with campaigns to encourage vehicle history checks and guard against conversion fraud.
Gateley asset finance partner James Baird considers the latest EU fraud regulation proposals and highlights the key issues that need fine-tuning to ensure an effective pan-European fraud prevention legislative framework.